How Ethereum (ETH) Could Reach OVER $32K Realistically | Less Than $1600 Is Damn Cheap

 

 

Hey friends, hope you are well, and welcome to the new update Ethereum coin.

 

14000% rally:

From 2015 to 2016 the price action of Ethereum rallied from $0.15 to $21.49 that was more than 14000% gain. 

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22000% rally:

After 14000% gains, the price action of Ethereum started the next rally from 2016 to 2018. This time it was more than 22000%, that was almost doubled move than the previous one.

 

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Bullish Cypher move:

it can be also observed that before the second bullish rally the priceline also formed a big harmonic Cypher pattern on the monthly chart and started this big move from the potential reversal zone of this bullish pattern.

 

Bullish Gartley move:

Now recently back in March 2020, the price action completed another bullish harmonic Gartley move on the monthly time period chart. I also shared this move in march as below:

Previous bullish Gartley idea before the move:

 

 

Previous bullish Gartley idea after 1500% rally:

Click here to visit this old article

Now from the potential reversal zone of this pattern the price action has rallied more than 1500% sofar and reached the highest resistance level in its history.

 

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Conclusion:

As the priceline of Ethereum has been reached the highest resistance level in its history. This big harmonic Gartley move is a powerful signal that the priceline of Ethereum is again going to make a big move like 2016 to 2018, and it can be doubled than the previous rally.

 

 

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