Ethereum
Long
Updated

Bullish thoughts regarding ETH

494
The chart is complete with notes to explain my thinking. People ask why I have been so bullish on ETH. Aside from ETH currently being in a bull cycle> More about the time cycles of ETH and the price targets for its current movement explained here:
ETHUSD: Bullish Projections


ETH is also completing a massive pattern on a larger scale that is getting me excited. This five wave certainly looks bullish to me, based on the price action within the pattern.
This is the reason why I have been so bullish on ETH
Note
We have breached the upper limit of the pattern.
Next expected resistance is at the N and V target for the following trade.

Bullish thoughts regarding ETH
Note
Excuse me... It is early morning. I meant to post this one

ETHUSD: Bullish Projections

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