SUMMARY
The Apex for both the price's downward wedge pattern and the MACD symmetrical triangle occur on April 8th! Today is the 1st; so, ETH is so close to a resolution of these patterns! As you already know, my projection is bullish. From now until April 5 or 6 or 7 or 8th, price is likely to finish putting in the final microwaves. No one knows the precise day and time....but many can sense it.
Here are the blue subwaves of white 5 of red C and it is likely to pierce the bottom support line in the range of $342 to $290 or so sometime on April 5 ot 7th.
In this micro-dissection of the final waves remaining, the red waves represent the subwaves of the blue 5. Very, very close to a resolution! Is now the time to be taking SELLING or BUYING actions?
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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Tax season is ending, ethereum will pose a tota coin cap 120M. Very bullis.
Verry nice post big thumbs up and a resteem from my side for hard work and dedication
i really do hope the price of ETH comes back up by then.. hopefully i would get a good birthday weekend celebration
I'm starting to accumulate ETH on these levels. Also looking forward to when ETH goes POS later this year.
Can you guess when later this year they will be going to POS? I have read the news that antminer, Samsung and couple of other big manufacturers are very close finishing and shipping their asic machines for mining ethereum and i dont think they would be doing that if ETH is going POS in a couple of months...
Cheers!
Truly a beautiful post! Thank you for doing what you do! I look forward to the next one! Thanks for the share!
Amazing post
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We looking at ABC flat (3-3-5) as Haejin pointed out. B has retraced .5 of A and if C = .786 of A we looking at 305 range. please note by book usually B=100-138 of A which didn't happen, similarly by book C=100-165% of A which won't happen. So C=.786 A is most likely. Also For C impulsive wave sub-wave 5 has started already. Please share your comment and opinion
Thank you for the cheerful information.
@SteemFlagRewards Comment Spam
I hope beautiful days come :)
Another interesting insight
@SteemFlagRewards Comment Spam
The mini waves have to be re-positioned as showed by Haejin below - by rule wave 4 never moves beyond the end of Wave 1 which is what happened here, if wave 4 is finished it has breached the $390 level -
Happy April Fools Days @Haejin