TradeTravelChill

Will ETH surpass it's All Time High?

Long
COINBASE:ETHUSD   Ethereum
Let’s take a look at ETH long term.

ETH has been trending nicely in this channel since the massive dump in March.

Predicting this run will continue to around $960 which will take it to the top of the channel within the first or second week of January.

I think we'll get there, possibly just shy of it, but close enough.

Because I think Bitcoin will reject at 40k, I also think ETH will have a big sell off of around 35%, back to around $600-$650 before the next leg up to at least it’s all time high of around $1400.

Trend based FIb extension and time to arrive at this decision.

Got a prediction?

Post it below! Let's see who gets the closest!

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.