Another MASSIVE bull run for Ethereum?

in ethereum •  7 years ago  (edited)

This morning, I looked at coinmarketcap.com and noticed that Ethereum is running at higher velocity than usual. I remember looking at the ETH/BTC chart in November and telling my brother : " Bro' make sure you have some Ethereum for this spring, we might have another bull run in 2018".

fib0

If we look at the 1 day chart for ETH/BTC and draw a Fib retracement, we can clearly see that it went up, very accurately, to the predicted 4.236 ratio in 2017.

fib1

If we draw the same Fib retracement for this year, we might reach a level of 0.6BTC for 1ETH. This would be a 24x it's value, if you've purchase your ETH around December 7.

fib2

Also, the 50 day support trendline is moving up. It's happening now !

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2018 gonna be the year of ethereum.

Good police work.