ETH going to $80k? This chart shows WHEN.

in #cryptocurrency6 years ago (edited)

Hello, world!

Let’s see what opportunities we can find with help of Universal-Sequential-0.101

ETHEREUM

ethusd-4d-1.jpg
Most likely scenario: Green 9 (setup) to show up on the weekly chart.

Unlike BTC/USD that are waiting for green 9 on both : weekly and 4-day timeframes, ETH/USD 4-day already had a green 9, and Oversell (green line) popped over red line (Overbuy) which is bullish sign ethusd 4d kraken-this-is-9.jpg

If we look back in history and do a simple time analysis on the daily chart by starting it from the day of Oversells popping above the red line (11-04-2016) and until the day it popped below the red line (24-12-2016), you can do simple math and see that it took 8 months to accumulate.
ethusd-next-pump.jpg

Relatively to BTC, ETH looks sweet.

Looking at how much ETH pumped after that previous consolidation period of 8 months, early 2019 could be looking very good for ETH.

On the 6-hour chart, Overbuy popped under Oversell, which invites us for a short run to red 9.

ETHEREUM CLASSIC

Now what interesting here is Ethereum Classic
etceth-kraken-1w.jpg

Right now, ETC relative to ETH is even better than ETH relative to BTC.

etceth-kraken-4d.jpg

What do you think about all these charts? And please write in comments below which pairs you wish me to talk about in next article.