Ethereum
Long

ETHUSD looks like more upside is in the future

202
Taking a quick look at ETH to make sure my thesis is still intact and it would appear that it is. I expect a ceiling in Ethereum this year to be somewhere around 2000-2500 and more likely the upper range, but not in this thrust.

I believe we're in the final stages of wave (iv) and will go in for wave (v) soon. I don't think that'll be the top, though. Likely we'll be in for a steep pullback when we reach the area near 1800/1900 and after that steep pullback, we'll start another thrust into the completion of wave (C) which should terminate in one of two places:

1. Either we'll terminate in the wide white resistance zone I've identified that is created by the January 2022 low and the August 2022 high

or

2. We'll terminate at the A=C parity near 2469.

I doubt we go much higher than that this year. You've been warned.

Take care!

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