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Ethereum (ETHUSD) Set to Explode Higher. Current $330.31 8Sept17

I am making a brave call but you heard it here first from me, before any news reports or any other traders forecast (that I am aware of).

Technical Analysis
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We are now in Wave 3 on Ethereum and I see huge upside in Ethereum's price.

If it can break through its current price around $355 - where it is currently finding resistance then it's game on.

Further confirmation will be breaking into new highs, above the all time high of $412.21.

Again the Wave3, Wave4 and Wave5 are NOT price projections or time projections.

Fundamental Analysis
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The catalyst could be "Casper" (named after the cartoon ghost movie) and is being developed by the genius, Vitalik Buterin and equally smart developer, Vlad Zamfir.
It is just a white paper at this stage but "proof of work" could be a huge breakthrough in moving the cryptocurrency world forward.
Source: coindesk.com/ethereum-casper-proof-stake-rewrite-rules-blockchain/

Hope that helps.

Sean Vengan 8Sept2017
Professional Trader and Trading Educator

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