Top Crypto Analyst Predicts Rallies for Ethereum and Binance Coin, Says Time To Be Bearish Is Over - BitcoinEthereumNews.com
crypto EthereumNangungunang Crypto Analyst Hinulaan ang mga Rally para sa Ethereum at Binance Coin, Sabing Tapos na ang Time To Be Bearish07 / 19 / 2022Balita ng Ethereum ng Bitcoin The crypto strategist who predicted the 2018 bottom for Bitcoin is predicting surges for Ethereum (ETH) at Binance Coin (BNB). Pseudonymous analyst Smart Contracter tells his 210,000 Twitter followers that leading smart contract platform Ethereum has achieved a bullish milestone this week after ETH recovered one crucial bottom indicator. “ETH [has] reclaimed its 200-week moving average this week. BTC will probably [do the same] next week. The time to be bearish has definitely come to an end, in my opinion.” Source: Smart Contract / Twitter Smart Contracter subscribes to the Elliott Wave theory, a technical analysis approach attempting to predict future price action by following the psychology of market participants that tends to manifest in waves. Looking at the analysts chart, it appears that Ethereum has completed an A-B-C wave, suggesting a reversal in trend. The crypto analyst is also keeping an eye on Ethereum against Bitcoin (ETH/BTC). Smart Contracter is predicting a steep surge for the pair from its current price of 0.069 BTC ($1,528) to 0.10 BTC ($2,215). “ETH/BTC powering forward, clearing the 0.065 resistance