Ethereum (ETH): Breakout! Will Bitcoin Follow Ethereum?

in #bitcoin7 years ago (edited)

SUMMARY

Earlier I had mentioned that Ethereum (ETH) could hold the baton and start leading Bitcoin (BTC). I also indicated the likelihood that IF ETH broke out of the triangle at the D wave; then so could BTC. The below chart shows how price for ETH surged out of the symmetrical triangle pattern (blue circle). This is very bullish!

So here is Bitcoin (BTC). Will it follow ETH's lead and breakout at the D wave? The white arrow was in the prior charts and update posts and I believe that the breakout is very likely at D. Notice how the volume has been declining but soon the surge in volume too should materialize.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: 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.

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I wish i would have bought more ETH! Can you give us some TA on Dash? Thnx

This haejin post has been downvoted, it is a @flagtarget.

READ: Resteeming @haejin's 8th 9th and 10th post of the day as target to be flagged.

They resteem 3 of @haejin's posts a day, and we concentrate our efforts on removing the potential rewards from those three.

Then @flagfund pays "The Braves" who flag those 3 posts every day, as you can see their posts are doing quite well.

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Fill up on EOS as many predict the same for this as ETH

I hope for a breakout for EOS :)

2k ethereum by the end of the year

When eth went last time to 1400, tons of "inteligent" people were going 2500$ by the end of the year . It went to 380$.

BULLLLLLL RUUUUUUUNNNNNN!!!

I love the breakdown. Looking at your charts and the recent news, I believe we will see a huge price increase soon. We are due after the rough couple of months we have been having. Always hopping for the best as are most people. Good luck to everyone in their crypto journey.

I'd rather steem / sbd rocket up lol

OMG~ sudden breakout...

As this post is really about numbers and analysis I wonder if someone knows the answer to my following question.
Is there a volatility index for Steem price?

I think Ethereum will reach 3000$ at end of the year!

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