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SUMMARY
It is almost most ideal to have a stair step rise rather than the unsustainable vertical explosions. The below chart shows shorter and larger degree of trends for Ethereum (ETH) with a mid-point targets of $1,714; $2,218 and a high of $2,659. Now, I DON'T HAVE A CRYSTAL BALL! No one does! I'm purely using a probability mechanism supported by Elliott Waves, Chart Patterns and Fibonacci mathematics plus experience. However, I believe the Cryptosphere has embarked on a Altcoin Bull Cycle. I've been calling the Altcoin Popcorn Symphony! When a sizable bull sentiment is driving prices up, one needs to see it in terms of bigger and larger Waves. Below chart shows the Elliott Waves where I've subdivided the blue wave (iii) into an impulse of five.
Below is the ETH/BTC pair. WOW! The breakout has been impressive....like a bunch of mad bulls breaking out of a corral in the shape of a bullish downward pointing symmetrical triangle! Note how the triangle is impregnated with a smaller triangle...bullish! The Elliott Waves point to an all time new high potential at 0.1735 BTC....or HIGHER!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
ETH
Do you also have PIVX analysis?
You're a liar. You do have a crystal ball.
No, but I'll bet he has a Magic 8-Ball.
This may be the first time I see it as not being so bad to be a liar:)
No crystal ball but does have my upvote.
xD
I like the sound of ETH @ $2500
ETH is a solid investment! It is probably the year of ETH.
A truly exciting time for the owners and investors. The owner had some moral issues with the way the crypto community is reacting toward the $$ involved.
Remember! There is more than money. This technology is revolutionary!
Keep up giving people power @haejin and people listen to this guy!
I believe we all know where ETH is going.
I think there are plenty of reasons why ETH will increase to those predicted figures and beyond. Theres Casper coming out, then Raiden, Plasma, Shading (all meant to help with scalability). Vitalik has also recently setup a fund to get people to develop of scalability solutions.
Also having Vitalik with such high IQ and passion is another great reason to believe that ETH will "succeed"..meaning it will ultimately create a world changing technology that will better our society. Goldman Sachs also recently named ETH as one of 8 trends thats about to change the world. When you have a big player like Goldman saying that then you should pay attention.
Totally agree, ETH will be revolutionary, just like internet. We are witnessing the beginning.
I totally agree! It'll be a exciting year.
thanks for sharing！
In pure monetary terms I guess this makes sense but with EOS looking like a much better long term project I am inclined to go with that. Thanks for the update Haejin.
I am of the belief that BTC has run it's course. Time for the ALTs to step up and take over.
The only reasons to be optimistic about ETH is that it has a talented team and few amazing projects running on Ethereum. Think how many world changing projects are on board with ETH. EOS will have to help them migrate. Currently EOS is like the Original Xbox or the New Xbox One X. A pure monster in terms of technicals but no must invest projects on it.
EOS needs to get people to migrate.
Indeed, can expect another x10 by launch ;)
I totally agree. EOS will leave ETH in the dust long before those scheduled improvements are in place.
EOS has a long way to go before it affects ETH, anyhow I would hold both just in case.
Ethereum ETH, can be good for a trade, but the platform has issues. I think EOS is setting up for a big move and is one to watch for 2018.
If and when it ever gets here. "A bird in the hand....yadda yadda yadda"
The EOS roadmap has its production release set for June 1. So far they've been hitting all of their target dates ahead of schedule. It will happen.
I live in a distant country, close to a river, life is hard, but the Internet is opening the doors of a new understanding, and thanks to @haejin, I am promoting my small investments, once again @haejin, thanks
With all of the alt coins prices being so unpredictable, ETH seems to be the best for long term. Yes?
Forget the charting on ETH. One of the reasons Ethereum will triple from this $1,000 level by the end of 2018 is that it is one of the only real investable businesses in the crypto world, even if we never use it as a coin. Which we will. Sure, take some profits on the ridiculous spikes and re enter on the pull back. But forget the charts on this one.
Good information
Ether seems to be the safest crypto asset. Buy the dips and HODL!
Hello haejin. Thanks for this promising outlook. Do you think you could have a look on IOTA since it has some interesting pattern formed right now. Bullish but not too bullish though IMO. Would be really interesting if you could share your thoughts.
Thanks Haejin! I believe in your accuracy. Also, all the exchanges are on hold when it comes to new memberships. When the exchanges are open again, the market is going to boom. I'm very bullish on ETH.
Wow, great. Thanks Haejin!
Kaboom! There it goes!!!
good information @haejin. thanks for sharing bitcoin information. i like your post and following.
Nice Post @Haejin Can u plz tell whats going on with #XVG?
Explosion post even did not make it right
I'm loving this optimistic outlook!
Hello sir, can you take a look at STEEM? Seems to be consolidating and I would guess (without looking yet) that it is forming a triangle.
:)
Thanks and have a great weekend.
He already posted an update a few hours ago on STEEM.
He did one today and set a target of 14.
Thanks man, missed that.
Cool thanks, not sure how I missed that.
i dont think eth will 2k now. maybe end jar
I am a long holder of ether. In for the long haul. Bought in mearly 2 months ago on a whim. I have no plans to sell and the info you give is worthwhile. Hoping your wrong and it skyrockets to 10k, then ill sell, get it all in $1 dollar bills, throw it into the air and bathe in it saying....."yes....yes....mmmmm. Kyle's money...mmm it tastes so sweet in my mouth"
Ethereum has more usage than bitcoin !!! One day Ethereum market cap will be higher than bitcoin !!!
Hi bro! Remarkable posts. You also seem to make a lot of money. How about you teach me the secret of your business?
@haejin what do you think of bcpt? Blockmason credit protocol?
we know u don't have a ball but it seems so! ;) will u make a post telling the % of accuraccy of your posts. Thanks for your informations!
I am a believer in visionaries. Vitalik Buterin is really one of them, as well as Dan Larimer is. Both are great minds with true visions on how to make the world a better place. It will be interesting to see EOS and ETH clash against each other. May the best man win.
(Borat voice), "0.1735 BTC would be niiiiice!"
very good predictions hope these come true and all of us following the crypto's will be nicely paid.
Thanks for info should I invest all my money in ethereum
He suggests few coins daily. Is not smart to put all eggs in 1 basket. That also means is not smart to put all saving into crypto either.
Please consider dividing your investable funds into 10 to be diversified. Inevitably, one or more of these puppy's is going to zero before it's all done...
nice but 2k is understated. 5 to 10k is my forecast by the end of 2018. Here's a very simple analysis: ETH has been consistently shadowing bitcoin within a price range of 10 to 15% of the price of bitcoin. I expect bitcoin to hit 50k to 100k since year, and so 5 to 10k is a very conservative price estimate for ETH.
Oh, nice job. :)
I think we have about 4 months in this crypto space before we are priced out of the big coins (btc,eth,ltc,neo). These are my versions of the FANG stocks (facebook, apple, netflix, google)
we will see :) I think eth can go more than 2700 ...
Thanks!
Let's go ETH!!!!!
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amazing
Well it seems ETH is already trending and looks like it's going to breakout sooner than later.. Is it too late to buy?
Ive been buying smaller coins with ETH these last 2 weeks. Im starting to regret it now.
Do you think that Ethereum will give us the chance to buy a pullback? Maybe the $1000 level?
I totally agree. I will be heavily investing in Ethereum in 2018, and holding my other coins. I thinnk Ethereum is the new Bitcoin. Unless it's Ripple... But Ethereum is so much easier to buy. Now that Binance has blocked new customers Ripple is even more difficult to get ahold of. Then there is the fact that you must keep a minimum amount of Ripple in a wallet. Ethereum has a lot more going for it in my opinion.
Good post, I am a photographer, it passes for my blog and sees my content, I hope that it should be of your taste :D greetings
i am a noob but i see an abcde correction?! will go up today or tomorrow higher than 1400 or is the e correction still not done yet and it gets lower to about 1150? thank you very much, like before i was just investing blind ;) now i can improve a lot every day! @haejin
Smart contracts are deterministic exchange mechanisms controlled by digital means that can carry out the direct transaction of value between untrusted agents. They can be used to facilitate, verify, and enforce the negotiation or performance of economically-laden procedural instructions and potentially circumvent censorship, collusion, and counter-party risk. In Ethereum, smart contracts are treated as autonomous scripts or stateful decentralized applications that are stored in the Ethereum blockchain for later execution by the EVM. Instructions embedded in Ethereum contracts are paid for in ether (or more technically "gas") and can be implemented in a variety of Turing complete scripting languages.
I think it's too soon to speculate on when we will be using cryptocurrency for our daily exchanges. 2018 seems like a year of adjustment and possibly merging, i.e. some strong coins will probably merge together and the weaker ones will slowly die. Plus there's going to be a lot of war by the banks which are definitely not going to sit back and watch bitcoin take over.