ETHUSD 8h: We are going to the next level - 350 > 600 USD

The biggest mistake is a lack of imagination. I have looked at the current situation and the outlook on a possible ETH development until the end of the year.

The trend lines shows a rather positive picture. Market consolidation is definitely over. The market will once again focus on the benefits of digital currencies. ETH and ETC are the only solutions that enable smart contracts. With fresh new money, the market growth continues. I see a positive development for all cryptos.

Let's see what happens. Happy trading. :-)

See also:

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Nothing more to say than: we are on track ...

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Important point. Now we are faced with a psychological and technical resistance. If it will break, we will still see a strong up. if not, a short correction to 260 is possible.

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We are on the way to the goal ... 350 USD are possible and likely. be still watchful.

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back on track. first wave ...

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fight around 300/310. be watchful. correction to fibo 0.62 265 USD possible. than next wave up to 350 USD. let's see ...

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strong support at 300. more up expected.

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timeshift, same target. a correction to 265 could arise. better price for re-entry. after that, we are back on track.

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could be a double top. be careful.

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It is amazing how strong eth is. We are back to first forecast. 350 USD again possible. lets see.

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sorry for the secound call. up is not safe. double top still possible. lets see.

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double top confirmed.

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so we touched exactly the predicted trend line. let's see, if the correction ist over ...

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oh, sorry here the correct sreenshot

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further sideways in the fibo area 0.786

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Current situation in brief: the trendlines work. generally a strong market und support at 350. sideways movement expected. then more up.