9.3 C
New York
Thursday, March 28, 2024

Ethereum Strategy Charts – Target $15,000 (Updated)

Courtesy of Read the Ticker

ethereum-strategy-charts--target-15000-updatedRTT completed a review of the Ethereum cycles, and WOW there are some big cycles in play.

Previous Post: Ethereum Strategy Charts – Target $15,000

These fundamentals would send risk on growth assets higher.

1) FED hikes rates 0.25% March FOMC, and FED talks confidently about the economy and more hikes are due.

2) FED hikes rates 0.25% (total 0.50%) June FOMC, and FED talks confidently about the economy and more hikes are due.

3) Oops FED has to PIVOT from a hawkish view to a very dovish view as either the economy is not strong or a COVID like event happens resulting in interest rates containment (think yield curve control) sending the FED balance sheet higher.

The above could be over a period of 3 to 6 months which would allow risk on assets to rise to new all time highs. After that, well we shall see.
 

ETH

 

Divider


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 AnglesCyclesWyckoff 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.

Support this work by buying us a hot drink by CLICKING HERE. If you would like make greater contribution, please make a donation by CLICKING HERE

Investing Quotes

..“It cost me millions to learn that another dangerous enemy to a trader is his susceptibility to the urgings of a magnetic personality when plausibly expressed by a brilliant mind.”…
Jesse Livermore

…"If you don't read the newspaper, you're uninformed. If you read the newspaper, you're mis-informed."…
Mark Twain

.."The key to making money in stocks is not to get scared out of them"
Peter Lynch

…"I always believe that prices move first and fundamentals come second"..
Paul Tudor Jones

…..“I measure what's going on, and I adapt to it. I try to get my ego out of the way. The market is smarter than I am so I bend.”..
Martin Zweig

 

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,452FansLike
396,312FollowersFollow
2,280SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x