ETHEREUM (ETH) Target $695 by Q3 2018....Here is the Analysis!

in #ethereum7 years ago (edited)

SUMMARY
I'm BULLLISH on ETHEREUM (ETH). Shorter term analysis shows a bullish ascending right triangle pattern forming and this could lead to $392 such that price will touch the upper white line of the triangle. Then, a correction to $305 and it will be at this point that prices will have put in the a,b,c,d,e of the triangle (second chart) such that once ETH breaks out, $695 becomes the next target. The video has much more details...please watch!

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How about XRP. Short term.

How about NEO, very short term, between now and BTC's wave v of v of c of b top?

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Great analysis, I think next week will be some interesting news about eth, but right now bitcoin is getting all the attention. When people realize that the 25th fork is a scam, maybe we start hearing more about ethereum.

Great post; nice summary!

@Haejin...I noticed your title says Target $695 by mid-December. Do you mean target $392 by mid-December? It looks like the $695 target is spring 2018. Please clarify...thank you so much!

Thanks! Corrected. $695 by mid 2018.

How does this correlate with the BTC correction? In the past ~1 week BTC and ETH have been non-phasic.... (or divergent).... yet, I still see BTC bringing down the whole market if it corrects.

Do you think ETH will be a hedge for BTC profits?

If BTC goes down on Wave C, then everything goes down with it. But, I'd like to see BTC price action overnight.

I thought as much. Thanks!

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