Nearing the absolute end of the downtrend with MAID. As the development news comes out and awareness of Maidsafe increases, fundamentals signal positivity; TA such as bullish divergence and noticeable trend change will create upwards momentum. Before that occurs a final touch to ~11750 (0.382 retracement) is highly likely in order to complete the falling wedge...
General consensus is ETH going down to 0.02, to add a contrarian view I'll say that we've reached support by hitting a 0.618 retracement from 0.03415 and ETH will go for an ATH.
Where I think ETH may end up within the next couple of months solely based on the previous pattern and FA of DAO and major news hype.
XBTEUR hit 0.236, ready for a bounce in the regions of 0.618/0.786. My target is €385 however it could drop as far as €377 in order for it to bounce off the trendline. This is also a 0.382 retracement line from the low in march and the high in April.
Big dump from 3015 and now retracing that dump, it'll retest the structure, fail and drop. Once it begins to drop, depending on market sentiment it could floor to 2800 or bounce at 2850 support. After ~2 days consolidation from the point it hits, it will fly up to resistance and test for the third time with a breakthrough. Shorting the bounce then longing the bottom.
Pushing daisies, retest bottom support, succeed and sky.
With the halving coming up, news and FOMO, this could get push up drastically fast. This is open to interpretation, make of it what you will. BTCUSD @ 1.618 ($685) by the halving or some time after.
Due to the monthly chart, I'm assuming this rollercoaster won't end so I'm bearing this to the grave. Clear downtrend, may encounter resistance but I don't think it will bull this high, therefore I'm shorting until target is achieved.
There may be a price hike, we might go sideways before making higher highs. It looks like a turnaround from here.
Double bottom bat rally to rise ~109.6 I'm generally new at this so I'm posting this idea for feedback on why it may be good/bad.