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

RTT 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.

Original Post: https://ift.tt/gGDuiAH

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.


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

Chart 2 - Cycles

Original Post: https://ift.tt/O1ZsR2c