Cycle Review - Ethereum
Created on: 6/28/2021 9:01:10 PM Last Update: 6/28/2021 9:09:15 PM Posted by: RTT
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 Some investors believe Ethereum (ETH) can over take Bitcoin (BTC) in market cap during this bull cycle.
The cycles (Chart 1) below are part of readtheticker.com tool kit, they were found with the 'Bartels' mathematical formula. The better the Bartels score the better the fit for the cycle to price. Add in basic channels and support and resistance and a chart reader can see price targets for new lows and highs. The leading cycle for ETH suggest a low is near.
Ethereum is currently upgrading to EIP1559.
Chart 1
NOTE: Posts here are the lite version, more depth on each subject can be found via our RTT Plus membership.
Changes in the world is the source of all market moves, to catch and ride the change we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to ride the change, after all these methods have been used successfully for 70+ years.
This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.
NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net
Investing Quote...
...“I believe that anyone who is intelligent, conscientious, and willing to put in the necessary time can be successful on Wall Street. As long as they realize the market is a business like any other business, they have a good chance to prosper.”...
Jesse Livermore
..“Bull markets are born on pessimism, grow on scepticism, mature on optimism and die of euphoria.”..
John Templeton
.."When I bet big .. I have a mind to own a position for years .. Yet you must have a ruthless objectiveness and open mindedness as to when the facts change to exit the position, if so within hours or days .. I have not used a stop loss in 40 years"..
Stanley Druckenmiller
.."I was educated once - it took me years to get over it"..
Mark Twain
.."No amount of evidence will ever persuade an idiot"..
Mark Twain
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