ETH target $270-300

2018年4月5日

Large bear flag along bearish channel resistance. If volume doesn't pick up, ETH could move down to 270-300 dollar range.

2018年4月13日

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Complete failure of 'bear flag'. ETH going upwards towards longtime downtrend resistance. RSI heavily overbought on the 4H, expecting it to drop soon. Final target remains.

2018年4月19日

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ETH reached the downtrend channel resistance. Bearish divergence on the 4H chart. We should see the drop now soon. ETH went up first - just like BTC - but I still think the targets are valid. We just need a tiny bit more FOMO in the market overall before a nasty drop will happen.

2018年8月15日

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Well, initial target reached, but certainly not as predicted. Since this analysis I learnt a lot and patterns are only a minor tool I use now. Also, I think the 'bear flag' described back then was never a bear flag in the first place.