Coin Bureau: ETH will rise

Said on Nov 21, 2023, at 16:24 in the video.

What was said
Coin Bureau

@coinbureau

“it's possible that eth is now in the process of painting a Rising three methods or a bullish mat hold continuation patterns”
Watch at 16:24Technical Analysis For Beginners: Candlestick Trading Guide!
PredictionETHwill riseChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Correct

Entry price (first close after the video)

$1,933

Nov 21, 2023

Price at close

$3,070

Nov 20, 2024

Return

+58.8%

S&P 500 +32.0%

ETH closed at $1,933 on Nov 21, 2023. On Nov 20, 2024 it closed at $3,070, a return of +58.8%. SPY returned +32.0% over the same window. The call was that it would rise.

30 days

Correct

90 days

Correct

180 days

Correct

1 year

Correct

The window it was checked over

ETHWindow checked
$1,000$1,500$2,000$2,500$3,000$3,500$4,000$4,500May 2023Sep 2023Jan 2024May 2024Sep 2024Jan 2025Said on Nov 21, 2023
$1,000$2,000$3,000$4,000$5,000May 2023Dec 2023Jul 2024Jan 2025Said on Nov 21, 2023

ETH closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.

Result at every window

All windows are shown, so none is picked
Result at every window
WindowResultAt the startAt the endChangeBenchmark
30 daysR-DIR v4Correct$1,933Nov 21, 2023$2,240Dec 21, 2023+15.9%S&P 500 +4.7%
90 daysR-DIR v4Correct$1,933Nov 21, 2023$2,945Feb 19, 2024+52.3%S&P 500 +10.6%
180 daysR-DIR v4Correct$1,933Nov 21, 2023$3,071May 19, 2024+58.9%S&P 500 +17.6%
1 yearR-DIR v4Correct$1,933Nov 21, 2023$3,070Nov 20, 2024+58.8%S&P 500 +32.0%
3 yearsR-DIR v4Pending——Nov 20, 2026——
5 yearsR-DIR v4Pending——Nov 19, 2028——
Why: 30 days

ETH closed at $1,933 on Nov 21, 2023. On Dec 21, 2023 it closed at $2,240, a return of +15.9%. SPY returned +4.7% over the same window. The call was that it would rise.

Why: 90 days

ETH closed at $1,933 on Nov 21, 2023. On Feb 19, 2024 it closed at $2,945, a return of +52.3%. SPY returned +10.6% over the same window. The call was that it would rise.

Why: 180 days

ETH closed at $1,933 on Nov 21, 2023. On May 19, 2024 it closed at $3,071, a return of +58.9%. SPY returned +17.6% over the same window. The call was that it would rise.

Why: 1 year

ETH closed at $1,933 on Nov 21, 2023. On Nov 20, 2024 it closed at $3,070, a return of +58.8%. SPY returned +32.0% over the same window. The call was that it would rise.

Why: 3 years

Not yet resolved. The window closes Nov 20, 2026.

Why: 5 years

Not yet resolved. The window closes Nov 19, 2028.

What was said around it

dogee we see now could be a sign that eth will trade sideways and the daily chart for eth is similarly interesting when it was revealed that Black Rock was filing for a spot ethereum ETF eth pumped by more than 10% in a day after that it painted an impeccable three stars in the South pattern however this pattern did not result in a rally eth pulled back the daily chart for eth BTC tells a different story however as you can see eth experienced a three stars in the South pattern and it actually resulted in a sustained pump against BTC it's possible that eth is now in the process of painting a Rising three methods or a bullish mat hold continuation patterns but there's a big red flag for eth BTC on the weekly can you see it that's right an equally impeccable Advanced blog that foreshadows a bearish reversal given that eth is in a longer term downtrend against BTC it seems more likely than not that this bearish reversal will play out but there's no knowing for sure and therein folks lies the reality of Candlestick trading and technical analysis in general you can never know for sure in a financial world free of tail risks and Tailwinds these patterns would probably play out perfectly every

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