Ethereum will pump to exactly this level

Hello, dear friends!

We have two the most interesting crypto assets: Bitcoin and Ethereum. If I have confidence that BTC will finally dump, ETHUSDT is showing us another picture.

First of all let's take a look at the mid term picture. Awesome Oscillator helps us as usually define the 5 Elliott waves cycle. Massive bullish divergence has finished this dump and now we should see some correction to the upside. I think that the conservative target is $1800 at 0.61 Fibonacci.

Before touching this area price is likely to be retraced to local 0.61 Fibonacci to $1580. After reaching $1800 I am not sure that price has to dump, like Bitcoin because it has another global waves sequence. Let's see!

Best regards, Skyrex team
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