I've been looking at the BTC 'bubble' in early november and it looks similair to ETH currently. If the same pattern continues, the above idea might become reality. Meaning there's a fair increase in value to be expected.
Note
This is BTC in november Note
Credit where it is due: I got the inspiration from Goldbug1 his post (here: tradingview.com/chart/ETHUSD/blDsfZR7-ETH-A-Pattern-that-Set-up-BTC-for-its-300-Christmas-run/) which regards the USD market. In the above, I tested his idea on the EUR market and the same pattern can be found.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.