{"id":557378,"date":"2023-10-24T23:00:20","date_gmt":"2023-10-24T23:00:20","guid":{"rendered":"https:\/\/wncen.com\/?p=557378"},"modified":"2024-06-11T14:30:23","modified_gmt":"2024-06-11T14:30:23","slug":"this-pattern-points-to-10000-ethereum-price-but-when","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/","title":{"rendered":"This Pattern Points To $10,000+ Ethereum Price, But When?"},"content":{"rendered":"

This week, Bitcoin and other altcoins livened up the crypto market, potentially lifting up Ethereum price<\/a> and saving it from further collapse.<\/p>\n

With ETH now moving away from the bottom trend line of a massive long-term price pattern, the next possible target is the upper trend line of the same pattern. That target points to $10,000 per Ether, but how long might it take to reach the lofty price objective?<\/p>\n

Ethereum Rising Wedge Targets $10,000 Or More<\/h2>\n

For almost its entire history of price action, ETHUSD has been filling out what appears to be a massive rising wedge pattern. Such patterns are predominantly bearish, breaking down roughly 60% of the time.<\/p>\n

That leaves 40% of the time that these patterns break upward. Descriptions of the pattern reveal that wedges are notoriously prone to false breakouts and\/or false breakdowns, where price violates one trend line, only to reverse and target the other.<\/p>\n

Related Reading: Failed Bullish Pattern Could Send Ethereum Sub-$1000<\/a><\/div>\n

In the latest case, however, Ethereum is holding the bottom line. This makes the next logical target the upper trend line, with at least some probability that it can break upward still. The trend line, happens to be located at around $10,000 per ETH currently and rises with each passing day.<\/p>\n

When ETHUSD touches the upper trend line is still up for question, but considering the length of past rallies lasting anywhere between six months to a year, it may be less of a wait than many expect.<\/p>\n

\"ETHUSD_2023-10-24_13-42-16\"<\/p>\n

Is $10,000 per ETH next? | ETHUSD on TradingView.com<\/a><\/pre>\n
Is This The Beginning Or End of ETH?<\/h2>\n
Ever wonder why a rising wedge pattern can break upward if it is a bearish pattern? In Elliott Wave Principle, wedges fall into the diagonal family of patterns. Diagonals can be leading or ending, expanding on contracting.<\/p>\n
A leading diagonal kicks off a sustained move. It’s wedge-like appearance is deceiving as traders expect the pattern to break down, yet instead it breaks upward. In contrast, an ending diagonal finishes off a sustained move. In this case, the bearish breakdown that should be expected in a rising wedge plays out.<\/p>\n
Related Reading: Ethereum News Catalyst Could Trigger Triangle Breakout To $4,000<\/a><\/div>\n
Ethereum is potentially in a massive diagonal pattern, not the rising wedge that it appears. What we also don’t know is if this is the beginning of a larger sustained move and a leading diagonal, or the end of the largest altcoin’s dominance capped off by an ending diagonal.<\/p>\n
Both patterns form in a five-wave pattern. Unlike standard Elliott Wave patterns, diagonals have unique rules. For example, wave 1 must be the longest, wave 4 must enter wave 1 territory, and wave 5 is the shortest of the waves. Since this is the last wave and potentially the shortest of them all, the touch of the upper trend line could be on the way soon.<\/p>\n
Tony is the author of the CoinChartist (VIP) newsletter<\/a>. Sign up for free<\/a>. Follow @TonyTheBullBTC<\/a> & @coinchartist_io<\/a> on Twitter. Or join\u00a0the TonyTradesBTC Telegram<\/a> for daily market insights and technical analysis education. Please note: Content is educational and should not be considered investment advice. Featured image from Shutterstock, Charts from TradingView.com<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"
This week, Bitcoin and other altcoins livened up the crypto market, potentially lifting up Ethereum price and saving it from further collapse. With ETH now moving away from the bottom trend line of a massive long-term price pattern, the next possible target is the upper trend line of the same pattern. That target points to $10,000 per Ether, but how long might it take to reach the lofty price objective? Ethereum Rising Wedge Targets $10,000 Or More For almost its entire history of price action, ETHUSD has been filling out what appears to be a massive rising wedge pattern. Such patterns are predominantly bearish, breaking down roughly 60% of the time. That leaves 40% of the time that these patterns break upward. Descriptions of the pattern reveal that wedges are notoriously prone to false breakouts and\/or false breakdowns, where price violates one trend line, only to reverse and target the other. Related Reading: Failed Bullish Pattern Could Send Ethereum Sub-$1000 In the latest case, however, Ethereum is holding the bottom line. This makes the next logical target the upper trend line, with at least some probability that it can break upward still. The trend line, happens to be located at around $10,000 per ETH currently and rises with each passing day. When ETHUSD touches the upper trend line is still up for question, but considering the length of past rallies lasting anywhere between six months to a year, it may be less of a wait than many expect. Is $10,000 per ETH next? | ETHUSD on TradingView.com Is This The Beginning Or End of ETH? Ever wonder why a rising wedge pattern can break upward if it is a bearish pattern? In Elliott Wave Principle, wedges fall into the diagonal family of patterns. Diagonals can be leading or ending, expanding on contracting. A leading diagonal kicks off a sustained move. It’s wedge-like appearance is deceiving as traders expect the pattern to break down, yet instead it breaks upward. In contrast, an ending diagonal finishes off a sustained move. In this case, the bearish breakdown that should be expected in a rising wedge plays out. Related Reading: Ethereum News Catalyst Could Trigger Triangle Breakout To $4,000 Ethereum is potentially in a massive diagonal pattern, not the rising wedge that it appears. What we also don’t know is if this is the beginning of a larger sustained move and a leading diagonal, or the end of the largest altcoin’s dominance capped off by an ending diagonal. Both patterns form in a five-wave pattern. Unlike standard Elliott Wave patterns, diagonals have unique rules. For example, wave 1 must be the longest, wave 4 must enter wave 1 territory, and wave 5 is the shortest of the waves. Since this is the last wave and potentially the shortest of them all, the touch of the upper trend line could be on the way soon. Tony is the author of the CoinChartist (VIP) newsletter. Sign up for free. Follow @TonyTheBullBTC & @coinchartist_io on Twitter. Or join\u00a0the TonyTradesBTC Telegram for daily market insights and technical analysis education. Please note: Content is educational and should not be considered investment advice. Featured image from Shutterstock, Charts from TradingView.com<\/p>\n","protected":false},"author":517,"featured_media":557390,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,83362,13625,89518],"tags":[8323,4854,1946,8686,78803],"class_list":["post-557378","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-eth","category-ethereum","category-ethereum-news","tag-eth","tag-ether","tag-ethereum","tag-ethusd","tag-ethusdt"],"acf":[],"yoast_head":"\nThis Pattern Points To $10,000+ Ethereum Price, But When?<\/title>\n<meta name=\"description\" content=\"This week, Bitcoin and other altcoins livened up the crypto market, potentially lifting up Ethereum price and saving it from further collapse. With ETH\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"This Pattern Points To $10,000+ Ethereum Price, But When?\" \/>\n<meta property=\"og:description\" content=\"This week, Bitcoin and other altcoins livened up the crypto market, potentially lifting up Ethereum price and saving it from further collapse. With ETH\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-24T23:00:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:30:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_2283969059.jpg?fit=1000%2C560\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"560\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tony "El Toro" Severino\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/tonythebullBTC\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tony "El Toro" Severino\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/\"},\"author\":{\"name\":\"Tony \\\"El Toro\\\" Severino\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\"},\"headline\":\"This Pattern Points To $10,000+ Ethereum Price, But When?\",\"datePublished\":\"2023-10-24T23:00:20+00:00\",\"dateModified\":\"2024-06-11T14:30:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/\"},\"wordCount\":526,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_2283969059.jpg?fit=1000%2C560\",\"keywords\":[\"ETH\",\"Ether\",\"ethereum\",\"ethusd\",\"ETHUSDT\"],\"articleSection\":[\"Cryptocurrency Market News\",\"ETH\",\"Ethereum\",\"Ethereum News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/\",\"url\":\"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/\",\"name\":\"This Pattern Points To $10,000+ Ethereum Price, But When?\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_2283969059.jpg?fit=1000%2C560\",\"datePublished\":\"2023-10-24T23:00:20+00:00\",\"dateModified\":\"2024-06-11T14:30:23+00:00\",\"description\":\"This week, Bitcoin and other altcoins livened up the crypto market, potentially lifting up Ethereum price and saving it from further collapse. With ETH\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_2283969059.jpg?fit=1000%2C560\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_2283969059.jpg?fit=1000%2C560\",\"width\":1000,\"height\":560,\"caption\":\"ethereum\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"This Pattern Points To $10,000+ Ethereum Price, But When?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\",\"name\":\"Tony \\\"El Toro\\\" Severino\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"caption\":\"Tony \\\"El Toro\\\" Severino\"},\"description\":\"Tony \\\"The Bull\\\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \\\"The Bull,\\\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \\\"The Bull\\\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.\",\"sameAs\":[\"https:\/\/coinchartist.io\/\",\"https:\/\/www.instagram.com\/coinchartist_io\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC\",\"https:\/\/www.youtube.com\/@coinchartist_io\"],\"url\":\"https:\/\/wncen.com\/author\/tonymspilotro\/\"}]}<\/script>\n","yoast_head_json":{"title":"This Pattern Points To $10,000+ Ethereum Price, But When?","description":"This week, Bitcoin and other altcoins livened up the crypto market, potentially lifting up Ethereum price and saving it from further collapse. With ETH","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/","og_locale":"en_US","og_type":"article","og_title":"This Pattern Points To $10,000+ Ethereum Price, But When?","og_description":"This week, Bitcoin and other altcoins livened up the crypto market, potentially lifting up Ethereum price and saving it from further collapse. With ETH","og_url":"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-10-24T23:00:20+00:00","article_modified_time":"2024-06-11T14:30:23+00:00","og_image":[{"width":1000,"height":560,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_2283969059.jpg?fit=1000%2C560","type":"image\/jpeg"}],"author":"Tony \"El Toro\" Severino","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/tonythebullBTC","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Tony \"El Toro\" Severino","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/"},"author":{"name":"Tony \"El Toro\" Severino","@id":"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d"},"headline":"This Pattern Points To $10,000+ Ethereum Price, But When?","datePublished":"2023-10-24T23:00:20+00:00","dateModified":"2024-06-11T14:30:23+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/"},"wordCount":526,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_2283969059.jpg?fit=1000%2C560","keywords":["ETH","Ether","ethereum","ethusd","ETHUSDT"],"articleSection":["Cryptocurrency Market News","ETH","Ethereum","Ethereum News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/","url":"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/","name":"This Pattern Points To $10,000+ Ethereum Price, But When?","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_2283969059.jpg?fit=1000%2C560","datePublished":"2023-10-24T23:00:20+00:00","dateModified":"2024-06-11T14:30:23+00:00","description":"This week, Bitcoin and other altcoins livened up the crypto market, potentially lifting up Ethereum price and saving it from further collapse. With ETH","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_2283969059.jpg?fit=1000%2C560","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_2283969059.jpg?fit=1000%2C560","width":1000,"height":560,"caption":"ethereum"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"This Pattern Points To $10,000+ Ethereum Price, But When?"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d","name":"Tony \"El Toro\" Severino","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","caption":"Tony \"El Toro\" Severino"},"description":"Tony \"The Bull\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \"The Bull,\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \"The Bull\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.","sameAs":["https:\/\/coinchartist.io\/","https:\/\/www.instagram.com\/coinchartist_io\/","https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC","https:\/\/www.youtube.com\/@coinchartist_io"],"url":"https:\/\/wncen.com\/author\/tonymspilotro\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"This Pattern Points To $10,000+ Ethereum Price, But When?","url":"http:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/this-pattern-points-to-10000-ethereum-price-but-when\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_2283969059.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_2283969059.jpg?fit=1000%2C560"},"articleSection":"ETH","author":[{"@type":"Person","name":"Tony \"El Toro\" Severino"}],"creator":["Tony \"El Toro\" Severino"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["eth","ether","ethereum","ethusd","ethusdt"],"dateCreated":"2023-10-24T23:00:20Z","datePublished":"2023-10-24T23:00:20Z","dateModified":"2024-06-11T14:30:23Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"This Pattern Points To $10,000+ Ethereum Price, But When?\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/this-pattern-points-to-10000-ethereum-price-but-when\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/this-pattern-points-to-10000-ethereum-price-but-when\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/shutterstock_2283969059.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/shutterstock_2283969059.jpg?fit=1000%2C560\"},\"articleSection\":\"ETH\",\"author\":[{\"@type\":\"Person\",\"name\":\"Tony \\\"El Toro\\\" Severino\"}],\"creator\":[\"Tony \\\"El Toro\\\" Severino\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"eth\",\"ether\",\"ethereum\",\"ethusd\",\"ethusdt\"],\"dateCreated\":\"2023-10-24T23:00:20Z\",\"datePublished\":\"2023-10-24T23:00:20Z\",\"dateModified\":\"2024-06-11T14:30:23Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_2283969059.jpg?fit=1000%2C560","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/557378"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/517"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=557378"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/557378\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/557390"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=557378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=557378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=557378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}