Looking like we will see we will see a mild correction from ETH/USD that will cause some minor consolidation down to $75 before we continue towards the new goal of $150 following the previous Elliott wave.
Dates to look out for:
* ETH back in the low $90s tomorrow 5/12
* ETH Double bottoms at $75 around Tuesday 5/16
* The market shifts and the trend continues all the way past $100 but only to $110
* Minor correction to follow the previous run up down to the new support at $100 (around the 5/24)
* Steady movement to further continue the trend upwards all the way to the new top at $150 in the last days of May.
Dates to look out for:
* ETH back in the low $90s tomorrow 5/12
* ETH Double bottoms at $75 around Tuesday 5/16
* The market shifts and the trend continues all the way past $100 but only to $110
* Minor correction to follow the previous run up down to the new support at $100 (around the 5/24)
* Steady movement to further continue the trend upwards all the way to the new top at $150 in the last days of May.
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Update 5/19:
Blast-off happened a bit earlier than predicted and with a local low higher than expected. $150 USD may be under the top for this run. 150-200 for sure at this rate.
Blast-off happened a bit earlier than predicted and with a local low higher than expected. $150 USD may be under the top for this run. 150-200 for sure at this rate.
Looks like I may have not read (B) correctly and put it retesting 100 when it should be lower than (5). In any case, things are progressing and we should see $75 in the next few days.