Ethereum (ETHUSD) Set to Explode Higher. Current $330.31 8Sept17
I am making a brave call but you heard it here first from me, before any news reports or any other traders forecast (that I am aware of).
Technical Analysis
================
We are now in Wave 3 on Ethereum and I see huge upside in Ethereum's price.
If it can break through its current price around $355 - where it is currently finding resistance then it's game on.
Further confirmation will be breaking into new highs, above the all time high of $412.21.
Again the Wave3, Wave4 and Wave5 are NOT price projections or time projections.
Fundamental Analysis
==================
The catalyst could be "Casper" (named after the cartoon ghost movie) and is being developed by the genius, Vitalik Buterin and equally smart developer, Vlad Zamfir.
It is just a white paper at this stage but "proof of work" could be a huge breakthrough in moving the cryptocurrency world forward.
Source: www.coindesk.com/eth...te-rules-blockchain/
Hope that helps.
Sean Vengan 8Sept2017
Professional Trader and Trading Educator
Technical Analysis
================
We are now in Wave 3 on Ethereum and I see huge upside in Ethereum's price.
If it can break through its current price around $355 - where it is currently finding resistance then it's game on.
Further confirmation will be breaking into new highs, above the all time high of $412.21.
Again the Wave3, Wave4 and Wave5 are NOT price projections or time projections.
Fundamental Analysis
==================
The catalyst could be "Casper" (named after the cartoon ghost movie) and is being developed by the genius, Vitalik Buterin and equally smart developer, Vlad Zamfir.
It is just a white paper at this stage but "proof of work" could be a huge breakthrough in moving the cryptocurrency world forward.
Source: www.coindesk.com/eth...te-rules-blockchain/
Hope that helps.
Sean Vengan 8Sept2017
Professional Trader and Trading Educator
