It is becoming more and more clear for me that since approx. October 2022 there would be great odds for a beginning of a new bull cycle. Here is weekle ETH chart. I think we have initial impulse up already, I anticipate wave C of its correction:
BTC overview also suggests end of down movement somewhere at 15000-16000 till october:
And also my analysis suggests that this bull cycle will be the last. After that BTC will be declining next decade.
Among them both ETH looks stronger, because there is wave 5 undergo on weekly chart:
Among them both ETH looks stronger, because there is wave 5 undergo on weekly chart:
Komentarz:
Most possible veriant for ETH as of now
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Think that it is going to be orange C. Current growth was only blue C inside correction. Blue C comprised of 5 waves, but not impulse.
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It is long
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Still no growth. 1400 possible, but I see further move down. To 1000. Or even much lower.