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Neon
20 Th10 2017 11:30

ETH Roadmap Oct 2017 

Ethereum / US DollarPoloniex

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HIghly speculative

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Vol/range has been contracting for months now. If triangle, this should be approaching the apex within 2 weeks i think.

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Almost touched the rising 200dma today

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ETH may have completed the triangle. If yes, breakout should not be far away
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MichaelShutterbug
Thank you for the chart. To be honest I'm not sure if we consolidated enough since the explosion in the first half of 2017. Look what happened form March till December 2016. 9 months of consolidatoin after almost 30x. This spring we saw almost 80x with the top at ~448, started back in December 2016. My conclusion is we have to wait until spring 2018. Then we may see the next 40x or even more. In this period when the rocked started we can maybe forget about technical chart analysis and just have to watch the show from the sideline. As long as we dont breack the resistance at the ATH I stay long and wait without trading. Hopefully we can buy in Spring 2018 still at the same price level. I save as much money as I can. Ready to buy at the lows. May the force be with us.
Neon
@MichaelShutterbug, Not sure about Wave degree level
skirmantas
That's what I'm thinking about. thx
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