I have fit the weekly logarithmic regression and used 20/50/100/200 MA indicator for ETH. For a bullish trend, I expect to see a double cross on the MAs, with the 50 and 100 both crossing the 200, followed by steady separation of ordered MAs (green yellow orange red) from top to bottom.
The most bullish scenario would be a bounce off of the 20 week MA and further consolidation before reversal towards all time highs. In the most bearish scenario, the uptrend is broken and buying range is in the neighborhood of the 200 week MA.
In this chart I have used logarithmic regression to identify cycle tops and bottoms in BTC. Using the hypothesis of lengthening cycles, I have 3 price targets for a cycle top in mid-to-late 2022. With the current weighting of my regression, it shows that BTC is undervalued right now, with the fair value shown using a blue line.
Chart inspired by Benjamin Cowen. Instead of logarithmic regression, I am using simple fib channels, 50 MA, 200 MA, and the SMS indicator courtesy of Nicholas Merten. Looking for $100K BTC by the end of 2022.
Based on support and resistance lines, Fibonacci levels from ATH, and ascending triangle pattern within a larger descending broadening wedge, bitcoin could possibly test ATH before the end of 2020. In this bullish scenario, I expect a breakout within the next 2-6 weeks.