Mihai_Iacob

EthUsd- Can it reach 3k? My opinion is YES

Long
COINBASE:ETHUSD   Ethereum
At this point, Ethereum is trading slightly under its all-time high (20% not being so much in the crypto world) and, simply looking at BTC after breaking above its ATH we can see that it doubled its value pretty quickly. Furthermore, we are in an extremely strong bull trend when it comes to crypto and I expect this to continue for the first part of 2021.
In my EthBtc analysis, I said that I expect a break above neckline resistance of the H&S and a challenge of 0.06 figure.
Putting all together, a bullish bitcoin that can go above 50K, a bullish ethbtc that can break above resistance I will reduce all to simple math:
50.000 x 0.06 equals 3k for EthUsd

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