Ethereum (ETH): $588 Hit; Next Target is $727

in ethereum •  7 years ago 

SUMMARY

Here is the chart of Ethereum (ETH) with the original markings and labels from a prior post. The $588 has been hit and well exceeded. The rounded price formation also was tracked pretty well. As result, the breakout seems very decisive. So, what's next?

When adding the higher degree of trend Elliott Waves, the next target for ETH is $727. This would be the target for wave 5. The subwaves of wave 3 seem complete and wave 4 is now in progress. I don't believe wave 4 will retrace more than 0.38 of the prior rise of wave 3.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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Bring on $727 ETH!

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Totally agree...$700 is my next target.

You planning a trade there or just keeping track of progress?

Great question.

That would be my next target. Potential one can buy on a pull back, the best buy was when price was in the weekly demand down at $400 (the Big Boys buy low and sell high), the price should you it wanted to go higher. I explain what to look out for to confirm price wants to move higher in the below link.

https://steemit.com/bitcoin/@rollandthomas/crypto-analysis-report-4-11-18-ethereum-downside-momentum-over-example-of-how-i-get-into-aggressive-trades

  ·  7 years ago Reveal Comment

I agree - I think it hits 725 soon
Screenshot 2018-04-21 at 1.39.06 PM.png

Nice analysis.

thank you

  ·  7 years ago Reveal Comment

Seems relitively likely to hit this price. Well done on analysis.

  ·  7 years ago Reveal Comment

Great...i waiting this moment come true...hope will grow up to $727

  ·  7 years ago Reveal Comment

Why didn’t I buy a whole lot more Ethereum when it was $15-20?

I think this summer will be huge for crypto. I’m no expert, but I’ll be surprised if we don’t see all time highs before too long.

  ·  7 years ago Reveal Comment
  ·  7 years ago Reveal Comment

I think possibilty is that Ethereum will rise to 1k$

  ·  7 years ago Reveal Comment

next hope the best :)

  ·  7 years ago Reveal Comment

What about a pullback to $538 first?

  ·  7 years ago Reveal Comment
  ·  7 years ago Reveal Comment

depends on the market..... would be nice to retrace to 786 level.... He seems to think it will only retrace to 382.... which has already hit.....

  ·  7 years ago Reveal Comment
  ·  7 years ago Reveal Comment

"I don't believe wave 4 will retrace more than 0.38 of the prior rise of wave 3.", i dunno where he is starting his fib, anyone know about where that .38 level is?

  ·  7 years ago Reveal Comment

Interesante tu Post. espero que logres tu objetivo. gracias por informarnos.

  ·  7 years ago Reveal Comment

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I wait it will hit $1,000 again i'm sure it's will happen soon

  ·  7 years ago Reveal Comment

Glad GoDaddy Removed Haejin's Website

http://www.cryptocurrencytrends.info/

We can't have bitcoin scamming websites being promoted on Steemit. Especially one that contain malware like his does.

haejin.jpg

  ·  7 years ago Reveal Comment

I think people have been started to consider buying cryptocurrencies seriously.

  ·  7 years ago Reveal Comment

Mind your own business, man!

  ·  7 years ago Reveal Comment
  ·  7 years ago (edited)

Vote @tsanii okay. Vote for vote @haejin @haejin

  ·  7 years ago Reveal Comment

Glad GoDaddy Removed Haejin's Website

http://www.cryptocurrencytrends.info/

We can't have bitcoin scamming websites being promoted on Steemit. Especially one that contain malware like his does.

Hello I really like your post, hope you keep posting other interesting things.
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  ·  7 years ago Reveal Comment

haejin.jpg