Due to accumulation structure it will get one more pop before the drop to ~650-800
By end of Jan :
min target = 1350
Goal target = 1470
max target = 1667
After hitting target it will test 1197, which is an important level it held as support over last few weeks and changed the near term perspective from bearish to bullish . Upon retest, likely in Feb a breakdown will indicate the final capitulation is about to begin
By end of Jan :
min target = 1350
Goal target = 1470
max target = 1667
After hitting target it will test 1197, which is an important level it held as support over last few weeks and changed the near term perspective from bearish to bullish . Upon retest, likely in Feb a breakdown will indicate the final capitulation is about to begin
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Goal target of 1470 hit, done went parabolic.
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Could pullback to test 1351 for support - if hold will run to 1667-1911 region.
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Expecting next move up from here (negates the 1351 pullback warning) - next target = 1742-1915.
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Posted an updated idea with further out projection once this runs its course
Posted adjacent BTC prediction, ETH slightly ahead of BTC. Could consolidate here before continuing.