“Etherium to $8000 this year? But where is the C leg in the ABC?” by trader Ajion — published May 19, 2018 — TradingView

If this is an accumulation zone and not distribution, we could be hitting 1.4k within few months, and eventually 8k this year, but how?

We can’t be seriously coming back to $360, that is obvious, market rejected that idea, with a strong push, cause even a granny will be buying at those pries again.

The question now, where will the C leg lend, before we start the rally back to 1400. Perhaps 562?

Right now we are in Wedges , and Triangles, very hard to predict where we are heading.

Obviously, everyone who got around 360-400 is HODL atm, to see what happens next.

This is a bullish vision.

/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/

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