LEFT:
Forecast for ETHBTC going forward, forming parabola - looking to reach top of growth channel around 1/29 at about .067.
RIGHT:
Forecast for ETHUSD is to test the upper limit of the upper channel around the same time as ETHBTC reaches the top of its channel. About $2375.
The way I QC these ideas is by running the math and seeing what Bitcoin's price would be around that time:
$2375 / 0.067 = $35.4K (BTCUSD)
Given that Bitcoin is trading sideways in somewhat of a downtrend / consolidation holding period this is looking pretty nice.
Let's melt some faces Ethereans.
Yacht szn.
-EK
Forecast for ETHBTC going forward, forming parabola - looking to reach top of growth channel around 1/29 at about .067.
RIGHT:
Forecast for ETHUSD is to test the upper limit of the upper channel around the same time as ETHBTC reaches the top of its channel. About $2375.
The way I QC these ideas is by running the math and seeing what Bitcoin's price would be around that time:
$2375 / 0.067 = $35.4K (BTCUSD)
Given that Bitcoin is trading sideways in somewhat of a downtrend / consolidation holding period this is looking pretty nice.
Let's melt some faces Ethereans.
Yacht szn.
-EK
