Sunday 13 February 2022

Ethereum Strategy Charts - Target $15,000

Say the FED turns dovish, a dramatic change from the last few weeks of hawkish talk, then the old stars will move higher.
image1

Could the FED turn dovish, say 1x rate hike and done.

Of course when the wider market wakes up and sees the economic risk of higher rates on the massive debt load, the FED will change their mind.

Review the junk (JNK) and emerging market debt (EMB), it is already stressed (also see the credit market  'Move Index'), in the past the FED has started the easing cycle when these markets have reached this level of stress. 

Keep an eye on Ethereum for a run up to $15,000 USD.


Chart 1 - Channel momentum


ETH 1





Chart 2 - Cycles


ETH





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