SUMMARY
Below chart contains the original markings from previous update. The abc is a zigzag that completed and it was shown that ETH was in a corrective mode projected to about $796 or so. Price is now sitting beneath the belly of the upper line of resistance. The overall pattern is similar to that of Bitcoin (BTC) and the uniformity of sentiment is creating a high pattern similarity index.
The bullish scenario could have curren price move at the onset of wave 3 which would breach the upper blue line. Using Fib of 2.618 of wave 1 for wave 3; that'll be at approximately $1,947 or so. Some might call this crazy but I call the analysis as I see it. I often take my very first impression upon looking at a chart as such have been the most informative.
The alternate calls for a lower abc where the correction is not yet complete. Regardless, this would be a different count but with the same destination. Video has more details!
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If, and when, Bitcoin goes back up, so with ETH and all of the other alts.
One of the best EW analyst, well done.
which coin is going to be 1000 bagger? I would like to buy one.
When you invest a lot in virtual currency, there are many homeless pets looking forward to your donation. Please go to EHT Charity, dedicate your love, God will bless you.
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가상 화폐에 많은 돈을 투자 할 때, 많은 노숙자 애완 동물이 기부금을 기다리고 있습니다. EHT 자선 단체에 가셔서 당신의 사랑을 바치십시오. 하나님 께서 당신을 축복 해 주실 것입니다.
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Wut?
Your information regarding crypto is amazing and useful
i agree bro . Haejin is a good crypto treader Analysis is good
Yes his knowledge abt crypto is considerable
I don't know about this. For all we know he has no clue how a blockchain even works. But his chart analysis is so spot-on it doesn't matter.
"Sentiment drives price."
Bitcoin and Ethereum are highly correlated right now. Yep. They will be until one of them makes some sort of high-profile technological advancement in terms of scaling that gets widely adopted.
Lightning Network, although not a perfect solution, is gaining traction. Casper? We'll see.
"Subjectivity leads to people arguing."
Oh yeah it does!
I don't want to argue with Haejin's analysis in this one. I hope he's right! Ethereum at all-time highs to come would be great.
"Ladder in" and ladder out.
LET's GOOOOOO!!!
My largest stake in my Crypto Portfolio is Etherium, I can’t honestly understand how if can fail being the platform for the literally hundreds of ICO's being released on to use every month.
I will continue to prop up my Etherium + BitCoin + a percentage of AltCoins, I have great faith in these despite all the FUD and scaremongering by the world governments and banks.
Hello @haejin. Is the alternate count with ABCDE correction completely dismissed ? In this case why ? Thank you
Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @ranchorelaxo valued at 215.54 SBD, based on the pending payout at the time the data was extracted.
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$2k Ethereum, I'm ready let's go.
I'm targeting at least $2,500, it seems too far fetched, but it is certainly possible after they introduce casper. Supply will get locked up.
do an update on verge please
never mind. This ones 2 days old
https://steemit.com/verge/@haejin/verge-xvg-a-bullish-scenario-could-look-like-this
Hi
Ethereum is still in downtrend but its looking good ;-)
Coins mentioned in post:
everyone is winning only we are.
Aweome information for trading right now... Thanks @haejin
@haejin although i dont know much about ETH but the graph shows its good value coming ahead ...hope to see similar prgress in BTC also...thankyou
I like this, thanks for the information and its participation @haejin
Should start rasing soon. But only time will tell.
do you know the pic.I m a users...can.you.help.me.friends
post resteemed
@Haejin - Any update on GAS? Is it dying? Failing to spot any patterns :(
This is pretty deep @haejin. I'm thinking of leveraging fiats from family member to invest in Ether..
nice predict ,, but i think one of counter trend (blue trend line) must broke before rocket to 3 and 4 wave
Thanks ..
Plis upvoted accountI like' @heaji ..
Thanks impotensiI like @haejin ..
Great explanation, thk!
Thank you for your post! I really like good chart analysis even though I have no clue how to do it myself.
I feel like right now there is now real room to grow for ETH, doesn't matter what the chart says. It will rise a lot again as soon as Plasma is published, because that will bring new value to ETH.
I can only imagine it to spike to 1,5k for a movement and the correct to about 1k again.
So to stay with your analysis I expect it to be more correction with a lower abc formation.
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could not disagree more.
Nice post