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Mar 18, 2024 6:48 PM

ETH - MACRO Multi-Month Logarithmic Target Long

Ethereum / U.S. dollarBitstamp

Description

📉Hi Traders, Investors and Speculators of Charts📈

I've made a few updates on BTC from a macro perspective, but let's take a look at ETH today. What we specifically want to focus on is potential targets / bounce zones, and we'll use the logarithmic weekly recession t get to these targets.

From using the same timeframe as the previous bull season, and by using the same pivot points, we get a 20K target on ETH - a possibility for later this year:


Shorter and mid-term targets could include:


Here's the update on BTC, incase you missed it:


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BITSTAMP:ETHUSD
Comments
abamazon3
20k eth this cycle?
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