Ethereum has had a rough few weeks, taking hits from its all time highs of almost $1500 to a low of almost $500. As you can see in the chart below Ethereum has been oversold for a while and now finally starting to make its way back up withe upward MACD curl.. Ethereum is going to absolutely explode in these next couple of months to a minimum of $2400 and if wave 5 is extended then we could easily see prices hit $3000 dollars by June before the dreaded summer correction of cryptos where it will go through its ABC retracement. Dont forget to take profits!
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Thanks for sharing the chart.. Just curious, what is the summer correction all about?
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Its a pattern I recognized over the years that keeps playing out. Summer time is where the Elliot waves are showing the ABC correction before the even bigger blastoff towards the end of the year.
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I would love to ETC Bakst off. I think you TA is well thought out, but I think these targets will be difficult to hit if we keep seeing so much FUD from news outlets.
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The FUD is a tactic to depress the market so they can get in cheaper. This literally is the calm before the boom. Your going to look back at these prices in a couple years and laugh believe me.
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I agree!
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@cryptoexclusive Nice chart analyse! 🚀 Take a look on @holidayheroes and save some money your next trip withe cheap flights and travel deals! Enjoy 😉
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