That we can expect new High's on this ratio
But not to expect the kind of run that ETH experienced last cycle obviously .
Going from $88 to near 5K was a barn stormer of a Bull run a 50X !!!
If this continuation head and shoulder plays out
The linear projection would give us a 7.5X
Whilst the log target suggests 18x
A match for what #BTC did last cycle ... interesting right.
Thisis still impressive for a mature network
and should provide plenty of fuel for the #altcoins
But not to expect the kind of run that ETH experienced last cycle obviously .
Going from $88 to near 5K was a barn stormer of a Bull run a 50X !!!
If this continuation head and shoulder plays out
The linear projection would give us a 7.5X
Whilst the log target suggests 18x
A match for what #BTC did last cycle ... interesting right.
Thisis still impressive for a mature network
and should provide plenty of fuel for the #altcoins
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.