ETHUSD headed to 152 ? Ethereum has Acceleration + Momentum

2018年12月28日

Nice bounce in Cryptoland, and ETH was in the lead.
See my previous analysis below which called the bottom at 113-114.
Now I am thinking we should test the 150 zone again.

Above chart is an interesting Fib study:
Each green extension is 1.618x the previous line.
That is of course the Golden Ratio of growth.
Will it grow by another leap?
Looks plausible!

Previous call for Bottom:

2018年12月28日

註釋

First support zone obviously relevant but I dont think that is enough of retrace. However, it is good to know that the plotted fibs are quickly proving themselves. If it really does bounce here and make a new high, I will be surprised but elated since I am PermaBull.

2018年12月29日

註釋

UPDATE: my wave count may have been hasty. We might still have wave 5 to finish at about 144. That .236 retrace fib of last leg up will be the key to watch

2018年12月29日

註釋

Original plan still in play. A brief spike about the .236 key level, then dump so another bull trap I guess
.

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2018年12月29日

註釋

this 1min ETH red fib indicates retrace to 126.91

2018年12月29日

註釋

Here we are at the 144 mark per my updated count above

2018年12月30日

註釋

This zone was pierced, but still has some force. And notice the EXACT confirmations of the boundaries.

2019年1月2日

註釋

Target hit, quite precisely. looks like it wants more, will update