The biggest mistake is a lack of imagination. I have looked at the current situation and the outlook on a possible ETH development until the end of the year.
The trend lines shows a rather positive picture. Market consolidation is definitely over. The market will once again focus on the benefits of digital currencies. ETH and ETC are the only solutions that enable smart contracts. With fresh new money, the market growth continues. I see a positive development for all cryptos.
Let's see what happens. Happy trading. :-)
See also:
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Komen
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Nothing more to say than: we are on track ...
Komen
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Important point. Now we are faced with a psychological and technical resistance. If it will break, we will still see a strong up. if not, a short correction to 260 is possible.
Komen
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We are on the way to the goal ... 350 USD are possible and likely. be still watchful.
Komen
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back on track. first wave ...
Komen
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fight around 300/310. be watchful. correction to fibo 0.62 265 USD possible. than next wave up to 350 USD. let's see ...
Komen
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strong support at 300. more up expected.
Komen
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timeshift, same target. a correction to 265 could arise. better price for re-entry. after that, we are back on track.
Komen
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could be a double top. be careful.
Komen
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It is amazing how strong eth is. We are back to first forecast. 350 USD again possible. lets see.
Komen
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sorry for the secound call. up is not safe. double top still possible. lets see.
Komen
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double top confirmed.
Komen
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so we touched exactly the predicted trend line. let's see, if the correction ist over ...
Komen
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oh, sorry here the correct sreenshot
Komen
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further sideways in the fibo area 0.786
Komen
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Current situation in brief: the trendlines work. generally a strong market und support at 350. sideways movement expected. then more up.
When we hit 350, if there will be a correction, how big do you think the correction will be? 330? 300?
BTCINVESTING
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@ChristofferSkyhoj, Currently we see profit taking. As i wrote correction 280 / max 260. if we see 350, i expect a correction to 300 or a little bit higher. but all in all we are further in an long term up trend.
Aitoyko
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@btcinvest.de, do you analyze ripple/usd & dash/usd?
BTCINVESTING
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@Aitoyko, yes. look at my charts in my portfolio. or go to btcinvest.de there is redirect.
Christoffer81
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@btcinvest.de, thanks for intel and the quick response. I really appreciate it! Keep up the good work!
I'm not so sure. To me it seems we may be in the B-C leg of an ABC wave correction back down to $321, and if that breaks, down to sub $300. Reason? Elliot Wave Theory guidelines suggest that an ABC correction goes down to previous level 4 wave, which was at $267. I'm still thinking the target range is $267-$296 provided we retest and break $321. Only then will we resume upward trend. We shall see.
BTCINVESTING
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@dalmazio, Yeah, could be. Look at my answer below. 300 could be, that's all. and if further down, it's just short ones with long spikes. we'll see.
bruszyc
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BTC is going to 3,6k so ETH will follow him. Sorry, your chart is wrong. First pullback and than ETH will go up
BTCINVESTING
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@bruszyc, yes, you may be right, but the whole market has changed due to the btc segwit. the trust in btc is unbroken and with the segwit activation, btc has risen. see my chart. if btc core 0.15.0 comes out in the next few days, this will give another boost. with the final hardfrok at the beginning of november we'll go further up. i still see a strong bull market and am long with all my cryptos. and believe me, I've got a lot of crypros.