ETHEREUM REVIEW & PREDICTIONS

in #crypto7 years ago

I want to start by looking back in time at Ether’s weekly chart...

ETH 1WK Past.png

This was an extremely beautiful Bullish Triangle! It bounced on the sexy Fibonacci supports and was a clear signal to expect the huge move in ETH.

Now lets look to the Future…

ETH 1WK Present:Future.png

As you can see, it is not sexy yet. I’m predicting another slow forming Bullish Triangle. Patients is a virtue.

Zooming into the daily chart….

ETH 1D Futures.png

I suspect the price action to be limited within the downward channel over the following weeks. Obviously, there are exceptions. I am not a fortune teller, but I believe anywhere around that Golden, 0.618, Fib is a great buy!

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