Ethereum
Long
Updated

ETH idea

1 773
Idea ETH
short term, mid term and long term target

bitcoin 150k
Trade active
snapshot

ETHs uptrend appears to be intact which found support at $2,385 with a higher low after a clear 3 wave pullback. From here I'm expecting 5 waves up to a target range of $2,850

NFA
Trade closed: target reached
Target reached but ain't selling. I sometimes forget how fast and furious ETH can be.
ETH/BTC is preparing for a bullish move 20%-35% up which would help ETH reclaim the $2,800-$3,600 area and enter back into the apex. If this plays out, I see a possible inverse head and shoulders which will lead into price discovery much sooner than later.
NFA
snapshot
Note
51 days of ranging.
With our latest dump, we created a third higher low at $2,439. The uptrend is hodling.
ETH is approximately two weeks away from hitting its golden cross on the daily time frame. After the cross I would like for price to retest the 50 sma with continuation upward to confirm a successful cross.
snapshot
ETHBTC also has a golden cross on the daily coming approximately in two weeks. If not in two weeks then two weeks after that.
NFA
HODL

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