Ethereum 2020-2021

August 1st 2020 – I forecast a rise from $392 to $1400 by December (please note: I simplified my Twitter handle after some of these charts were published)

In September, after a rally to around $500, price fell to around $330. The arc enabled me to issue advice to ‘stick with the plan

ETH was still only around $360 in September, but my forecast remained unchanged…

ETH rose as forecast, reaching $628 in mid-December…

ETH had risen above my $800 initial target by Jan 3rd 2021, and I forecast $1400 by March…

Mission accomplished ! Ethereum burst through my target zone and came back down to rest on it by early March. The technical chart analysis had taken us from less than $400 to more than $1400. It seemed hard to believe for many when I issued that first forecast, but it was simply what the charts were saying was the most likely outcome. My forecasts continued to be bullish, and of course, we know that ETH went on to move MUCH higher.

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