Everybody welcome back to the channel in today's video i'm going to be sharing with you. One reason why ethereum is about moon very, very, very soon, all right right after the intro all right yo before we begin again do not forget to annihilate the like button on your way in and also don't forget to subscribe. If you are new to the channel all right, so let's get started. This is gon na, be a really short, really quick, video um.

Here's the reason why ethereum is going to run like crazy, um we're gon na look at each btc all right and what you see on the jar. Well, apart from this obvious run right here, i want you to take a look at the bigger picture that the bigger picture and the bigger picture is right here. If you look very very closely on the daily time frame - and you take this drawing tool right there - let's zoom in some more - you can clearly see that there is this bullish rectangle on the chart right over here. It's quite clean and we've been watching this thing for a while ever since the 26 actually 26 - actually somewhere over here, but on a different chart on the ethereum versus the us dollar, because it was just much easier - and this is what i mean.

If you look over here, this is the chart of btc usd a giant cup right over here, followed by the handle, which was obviously going to form and it actually formed. It went all the way up towards 47 100, which is where it's at right now um. I definitely think that ethereum is going to run all the way up towards this level right here. Let's move the chart closely okay, somewhere over here at around, like 0.10, maybe 0.11 before we see some type of retracement all right.

This is usually what happened with bullish. Rectangles and for those of y'all who are brand new to trading all right, this here are examples of bullish. Rectangles, as you can see, the one that we're trading is it's not this one. This is the ideal scenario where we have one two: three, four, five, six and seven being the breakout right.

This is like the ideal. We see multiple bounces in the middle before a launch, but what we've seen right now is pretty much one. Two three four and a five which is not so bad. It's still clean all right, something that you might something that we might see in this run is, we might see it go like this run a little bit towards like 0.08 and then drop to retest first and then run again.

This is the absolute worst case scenario that nobody wants to see. We just want to see this thing like honestly. We just want to see ethereum just run all right and so best case scenario. We just see um this thing just go like this, and just go straight to the promised land right over here right so yeah, that is my very honest opinion on ethereum and why all of you should um keep this on your watches now to translate into dollar Value like if, as you can see, i said 0.01, which means there will be 10 of the total value of btc at this point in time.

So um in this scenario, where ethereum moves a lot faster than btc in the short term, and let's say that it jumps up by like that. It jumps up really really quickly and bitcoin still drags his feet and just moves up to like 63 000 right. Then the price of ethereum could be around like 6 to 6.5 k all right and if btc moves up at the same pace or even faster right - and we don't see a - we don't see too much of a um of a slowdown in this chart. And we see ethereum accelerating a little bit faster um.

We might, we might see a theorem at around, like 8 000, with a btc price of around 69k - all right. So these these are the price that i'm expecting for ethereum, and that is why you should keep that on your watches, so yeah. That is the end of this very, very, very short. Video again do not forget to obliterate the like button for the you to bother them, as always also definitely, click on subscribe and click on the notification bell.

That way, you don't miss out on future uploads. If you'd like to be part of a private discord community, you can find that as the very first link in the description of the video below also, if you're, not following social media, you can find me at paulinguma in the pedianology lab on instagram and on twitter. Once again, ladies and gentlemen, my name is pauline guma, with pedanology lab, where we trade patterns and patterns only - and i will see all of you in the next video right - enjoy the outro. You.