Next Target $3000 USD Parabolic Ascend Confirmed For ETH
As we continue to see a beautiful robust rise above the Ethereum ATHs, we are now approaching the important psychological barrier of $2000 USD. There has been speculation regarding a ton of limit buy orders at $2000 USD so be sure to watch when we cross into the $2000 Territory for ETH.
If we take a look at relative price of ETH to BTC , ETHEREUM is still trading at a DISCOUNT. BITCOINS Previous all time highs were $20,000 and ETHEREUM was at $1450 back in the last crypto bull rush January of 2018. As a result, we can see that ETH has lots of runway left to catch up to BITCOIN . I would argue fair price for ETHEREUM should be around $3000 USD relative to BTC's $55,000 PRICE TAG that we are currently sitting on. Strategy would be to enter at $2000 and look for exit at $2900. I call this the Relative Price Theory of ATHs.
I still believe a correction is coming for both the Stock Market and Cryptocurrency. I believe the crash will come in the equity then in crypto as people roll money over to the equity side of things to pick up stocks on the discount.
Previous ideas played out very nicely. I posted my previous ideas on Kraken....Binance volume is crazy high especially with people dumping and FOMO money into the Binance Coin. I have re-entered another aggressive position on ETHEREUM at the dip of $1750. Be sure to watch the cross of $2000 USD that will be our launch for the PARABOLIC RISE to $3000. This is will be quick, swift and quiet....just like a TESLA MOTOR VEHICLE...
Happy Bull Run Boyz and may the your winnings be plentiful. Cheers and Shout Out to our fellow Crypto Boyz in Korea, Japan. Mexico and Canada love your FOMO bull runs.
If we take a look at relative price of ETH to BTC , ETHEREUM is still trading at a DISCOUNT. BITCOINS Previous all time highs were $20,000 and ETHEREUM was at $1450 back in the last crypto bull rush January of 2018. As a result, we can see that ETH has lots of runway left to catch up to BITCOIN . I would argue fair price for ETHEREUM should be around $3000 USD relative to BTC's $55,000 PRICE TAG that we are currently sitting on. Strategy would be to enter at $2000 and look for exit at $2900. I call this the Relative Price Theory of ATHs.
I still believe a correction is coming for both the Stock Market and Cryptocurrency. I believe the crash will come in the equity then in crypto as people roll money over to the equity side of things to pick up stocks on the discount.
Previous ideas played out very nicely. I posted my previous ideas on Kraken....Binance volume is crazy high especially with people dumping and FOMO money into the Binance Coin. I have re-entered another aggressive position on ETHEREUM at the dip of $1750. Be sure to watch the cross of $2000 USD that will be our launch for the PARABOLIC RISE to $3000. This is will be quick, swift and quiet....just like a TESLA MOTOR VEHICLE...
Happy Bull Run Boyz and may the your winnings be plentiful. Cheers and Shout Out to our fellow Crypto Boyz in Korea, Japan. Mexico and Canada love your FOMO bull runs.
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