Ethereum October 2020 through December 2020/February 2021
'Tis the season to be in spirits, I gaze over my crystal ball and foresee bloodbath this Halloween. (Okay, maybe not so extreme, and could take longer than that)
Low: $214-240
High: $369
In a purely speculative fashion, I do believe our momentum has sort of peaked over the end of Aug 2020 through start of September. I do see a suspected triangle getting ready for a breakout but I've come up with target ranges (to be taken with a grain of salt) for where I feel our trends could start to bounce. The orange targets are a potential scenario I feel has a lower chance of happening but still possible, if those downward moves fail they could still come later, but if Ethereum exceeds my targets around or after December 2020 we could be on an upward breakout entirely. There is much uncertainty right now surrounding the elections. I could be entirely wrong but I'm forecasting Trump to win over Biden 2020 if Trump gets over COVID-19 over the next ~10 or so days. There is also the theory that Trump doesn't even have the coronavirus. Spooky speculations all over. This is just kind of a generic path I've laid out for Ethereum until approximately February 2021. Still learning and testing out new techniques :)
'Tis the season to be in spirits, I gaze over my crystal ball and foresee bloodbath this Halloween. (Okay, maybe not so extreme, and could take longer than that)
Low: $214-240
High: $369
In a purely speculative fashion, I do believe our momentum has sort of peaked over the end of Aug 2020 through start of September. I do see a suspected triangle getting ready for a breakout but I've come up with target ranges (to be taken with a grain of salt) for where I feel our trends could start to bounce. The orange targets are a potential scenario I feel has a lower chance of happening but still possible, if those downward moves fail they could still come later, but if Ethereum exceeds my targets around or after December 2020 we could be on an upward breakout entirely. There is much uncertainty right now surrounding the elections. I could be entirely wrong but I'm forecasting Trump to win over Biden 2020 if Trump gets over COVID-19 over the next ~10 or so days. There is also the theory that Trump doesn't even have the coronavirus. Spooky speculations all over. This is just kind of a generic path I've laid out for Ethereum until approximately February 2021. Still learning and testing out new techniques :)
