We just hit our target at $500 and the top of the bullish trend line. If the resistance holds we could get a 8% pullback to $460. The RSI is showing a bearish divergence. If we are lucky we might be creating a cup and handle! Do you think we will get a pullback now, or continue up from here?
If the 10% pullback to the all time high bear trend line holds(red line), we might hit $500 in days, and $800 in weeks! This also fits well with the much anticipated Ethereum 2.0 Phase 0 release some time around Dec. 1
Finally some bullish action on Ethereum. If we hold support at $390 we could head for $500 within end of november. We are still above the covid trend line! Still above 20 weekly sma and 21 weekly ema .
Now that Bitcoin have had its breakout, its time for Ethereum! In only days now we could see a breakout to the upside. The anticipated pullback was not as clean and severe as first estimated. We are still above the covid trend line! Still above 20 weekly sma and 21 weekly ema.
We might get a pullback as we speak. Still bullish in the mid to long term.
This bullish prediction is still valid. We are still above the covid trend line! Still above 20 weekly sma and 21 weekly ema. I am prepared for a fakeout to the downside that will bounce right back up.
We are now in a trading range with support at 49,- and resistance at 53,- If we break down the next support is at 44,- and if we break up we can go fast to 64,-
We are still above the covid trend line! Still above 20 weekly sma and 21 weekly ema. First target is before the end of october at nearly $500. Next major target is at $830 before the end of 2020.
Nice trend channel now! Target $420 in end of week! And can we reach $445 next week?
Just broke up from a descending triangle. Met resistance at second previous high at 49,4 If we in the next few days manage to establish above 49,4, the 51,5 resistance should be easy to take out.
We just broke significant resistance trend line (orange). Met first resistance at emission price at 37,50,- The breakout has moved us closer to DNBs target at 68,-
Target 61,- (23% gain) in little over one month
We have had a rough weekend, and it might get rougher before it gets better. If this is not where we turn we should get support at $290 where the corona trend line is at, and the weekly ema ribbon, and the pre corona top. If we are to repeat the september 2017 development then we could hit the target of $830 by the end of the year.
Are we able to hold the $385 trend channel support, or are we taking a little detour down to $366 before heading for the moon.
We have been trading at the $366 - $400 resistance zone for a week now. Yesterday we broke out of the bullish trend channel. If we manage to break out to the upside of the triangle we regain the bullish momentum and are heading for next resistance zone at $480 - $510