Bixley

Another ETHEREUM Analysis

Long
KRAKEN:ETHUSD   Ethereum
All signs point to 20k
I know it sounds ridiculous, but consider it.
Pull a 2017 Bitcoin.

ETHUSD's first bull run pushed it up 23000%
Assume this occurs again
This places the price at just above 20k
With structural similarities, volume rising, and beautiful fundamentals. I wouldn't doubt it.

ETHBTC is displaying dangerously bullish signs with the current bullflag formed
It wants to form a channel from this recently acquired bull trend, which I have shown (parallel channel)
For this channel to form a large upward move would be needed, which I have plotted (bars pattern)
Putting ETHBTC at .25 briefly
With BTC also rallying to possibly (80 - 100k)
The price of one Ether would be 20k

Attached are my other popular analyses that also point to this





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