EthereumLong
ETHUSD looks like more upside is in the future
Taking a quick look at ETH to make sure my thesis is still intact and it would appear that it is. I expect a ceiling in Ethereum this year to be somewhere around 2000-2500 and more likely the upper range, but not in this thrust.
I believe we're in the final stages of wave (iv) and will go in for wave (v) soon. I don't think that'll be the top, though. Likely we'll be in for a steep pullback when we reach the area near 1800/1900 and after that steep pullback, we'll start another thrust into the completion of wave (C) which should terminate in one of two places:
1. Either we'll terminate in the wide white resistance zone I've identified that is created by the January 2022 low and the August 2022 high
or
2. We'll terminate at the A=C parity near 2469.
I doubt we go much higher than that this year. You've been warned.
Take care!
I believe we're in the final stages of wave (iv) and will go in for wave (v) soon. I don't think that'll be the top, though. Likely we'll be in for a steep pullback when we reach the area near 1800/1900 and after that steep pullback, we'll start another thrust into the completion of wave (C) which should terminate in one of two places:
1. Either we'll terminate in the wide white resistance zone I've identified that is created by the January 2022 low and the August 2022 high
or
2. We'll terminate at the A=C parity near 2469.
I doubt we go much higher than that this year. You've been warned.
Take care!
CE - BitDoctor
Access our private indicators and join our Premium Room: bitdoctor.org
Beware of scams - I'll never DM you asking for funds.
Access our private indicators and join our Premium Room: bitdoctor.org
Beware of scams - I'll never DM you asking for funds.
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.
CE - BitDoctor
Access our private indicators and join our Premium Room: bitdoctor.org
Beware of scams - I'll never DM you asking for funds.
Access our private indicators and join our Premium Room: bitdoctor.org
Beware of scams - I'll never DM you asking for funds.
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.