Ethereum is having a great rally these days and is currently back at $300. My prediction is that it wil go to $340 and will have some little pullbacks but because of the big rally it will go up to $380. I think at that point you must keep your eyes open for a big drop.
As you can see in the image above the fbi retracement is around 50% at the $340 level. But because of the bulllish rally ETH is in it will go to the $380. At that point the fbi is 61% and I think there will be a huge drop.
So keep an eye on it.
Based on what exactly? If you're going to make these kinds of predictions it would be nice to at least have some kind of reasoning or logic behind it.
I Did a Quick post but I understand your reaction. I've edited my post with
awesome