Smart Contracter: Ethereum explodes after nearly two years of foundation building
In his new analysis, Smart Contracter tells his 74,400 followers that Ethereum has exploded after nearly two years of foundation building. Smart Contracter adds the following to his explanations on the subject:
FRANKLY, WE HAVE HAD A TREMENDOUS, TREMENDOUS PERIOD OF ACCUMULATION IN ETH. THE RANGE, WHICH HAS BEEN TRADED SINCE DECEMBER 2018, CAME UNTIL JULY OF LAST YEAR. WE BROKE UP SOMEHOW. WE DID A NICE RETEST AND NOW WE’RE JUST RISING.
Smart Contracter: ETH will hit an all-time high from here
The analyst uses Elliott Wave principles, a technical analysis method. This moel tries to predict future price action by describing the community psychology that manifests in waves. Ethereum sits in the middle of the third wave, the longest and highest of five waves, according to Smart Contracter . Smart Contracter adds the following to his explanations on the subject:
THIS LOOKS LIKE A THIRD WAVE. I JUST FEEL LIKE THIS THING IS GOING TO RISE LIKE A ROCKET… THE SHAPING OF ETH / BTC PARITY AND ITS APPEARANCE IN HIGHER TIMEFRAMES, YES I REALLY THINK ETH WILL RISE TO AN ALL-TIME HIGH FROM HERE… ALTCOIN SEASON SEEMS TO BE STARTING.
Smart Contracter: ETH / BTC parity bullish as bottoming
Examining Ethereum’s trend against Bitcoin (ETH / BTC), the analyst says the pair is bullish as it forms a bottom. Smart Contracter adds the following to his explanations on the subject:
A NICE REVERSE HEAD AND SHOULDERS PATTERN IS FORMING IN ETH / BTC. THE VOLUME GATHERED IN THE RIGHT SHOULDER IS GOOD. YES, ANYONE CAN SEE THIS, BUT TRADING DOESN’T HAVE TO BE REALLY DIFFICULT. HAVE A FAIRLY LARGE ETH STACK.
Here are the successful predictions of veteran analyst Smart Contracter
Smart Contracter knew about $ 3,200 in Bitcoin , the 2020 rally, the big Bitcoin crash of 2020, and more. In addition, the analyst has correctly predicted shorter term price movements over the past few months. For example; Like Bitcoin’s rally earlier this year and the call for a decline in the crypto market in mid-February. The analyst also had a high success rate in these predictions.