SharpCharts

Bullish case for Ethereum

COINBASE:ETHUSD   Ethereum
Regardless of how painful the last correction was which sent ETH down to mid 500s from 1400, everything was surprisingly lining up with Elliott Wave theory for wave 2. End of wave 2 was exactly 61.8% of previous wave 1.

With that prospect, a bullish case would project ETH to top at 2800 for wave 3 before a drop to probably 1900 and then another rise to 4200.

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