ETH @ $1500 by Feb, $2500 by May, and $5000-$7500 by August. ETH will have 3 stops:
1. 0.07-0.08 BTC ~ $1500
2. 0.13-0.15 BTC ~ $2500
3. 0.30-0.35 BTC ~ $5000-$7500
4. Back to around 0.05-0.08 BTC (USD value will not reduce, but BTC will increase)
5. 0.8-1.0 BTC (expected in 2-3 years)
In my opinion, crypto is different from stocks. I know that most of us look at them like stocks with similar analysis techniques however, they play differently. For example, stocks are mostly linear in behavior while crypto is exponential (not parabolic). Hence, it is more reliable to look at one coin (assuming BTC as a reference) and look at how the other alt coin behave.
If we look at LTC, all analysis assumed (based on the stock behavior techniques) that it will rest at $150. While historically, it jumps to about 0.018-0.02 BTC at every pump, this is about $300 which is almost got hit today.
akizzy
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@shifo_, Anything is possible. I agree with you about it being different than stocks...especially BTC! No one knows what it'll do..ETH is a little more calm, and somewhat predictable....to an extent! Good luck! Would love to see that August target HIT!
shifo_
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@akizzy, I am also longing for such levels. In my opinion, ETH is still in the predictable range because during the past year it fell dramatically to few cents and millions of ETH were accumulated and they are getting sold in patches as ETH goes up. This will take few months to clear out. Once they are mostly sold, then I expect ETH to shoot.
LeonTung
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I'm on your side. From ETH's history, any intense boost came with a correction. For example, from time 2017-05-18 to 2017-07-16. I will just wait for I believe it's too risky now.
MaximDongur-ool
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120$ for 24 hours, no one predicted. Waiting corrected TA.
akizzy
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@MaximDongur-ool, wild wild west. No TA is going to be accurate with this type of movement, so Im not even going to try!
muloka
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@MaximDongur-ool, already pulled out... waiting for a correction before buying more ETH.
1. 0.07-0.08 BTC ~ $1500
2. 0.13-0.15 BTC ~ $2500
3. 0.30-0.35 BTC ~ $5000-$7500
4. Back to around 0.05-0.08 BTC (USD value will not reduce, but BTC will increase)
5. 0.8-1.0 BTC (expected in 2-3 years)
In my opinion, crypto is different from stocks. I know that most of us look at them like stocks with similar analysis techniques however, they play differently. For example, stocks are mostly linear in behavior while crypto is exponential (not parabolic). Hence, it is more reliable to look at one coin (assuming BTC as a reference) and look at how the other alt coin behave.
If we look at LTC, all analysis assumed (based on the stock behavior techniques) that it will rest at $150. While historically, it jumps to about 0.018-0.02 BTC at every pump, this is about $300 which is almost got hit today.