ETHUSD 3.14 Acceleration

Jan 5, 2018

Several months ago, I posted a 30-week cycle projection that targeted 545 by January 31st. The price target was obliterated and the trend is now accelerating to a MINIMUM 3.14 extension at 1130. The recent breakout has triggered the move which has the support of EXPANDING RSI on the Daily and Weekly timeframes. The 30-week time projection is still valid but the price target now sits at 1130 (as high as 1300). I MUST REITERATE THE SPECULATIVE NATURE OF THESE MARKETS IS NOT TO BE UNDERESTIMATED! However, the continued strength at key harmonic levels continues to define measured opportunities.