Recap: Green 1 (typo as Green 3 on that chart) has been reached and surpassed with ease, but now Bitcoin is giving Money Man food for thought pre that analysis’ Green 2. Money Man keeps reminding himself to eat along the way, but not be greedy and eat it all as he does not know the extent of the journey.
Conclusion: When will the journey end? Nobody knows and it also depends on how far Ethereum is prepared to follow the leader. Have a look at this analysis to see where Money Man thinks the price might lead, when. There is a lot of congestion from the top of Green 1 to the bottom of Red 1 and having the luxury, it might be good to not order anything in there. Remember: No guarantees, only probabilities. Very Important to me: Please like if you appreciate the effort, Please comment and develop this further and Please follow if you see this analysis thread going somewhere you would like to know about.
Conclusion: When will the journey end? Nobody knows and it also depends on how far Ethereum is prepared to follow the leader. Have a look at this analysis to see where Money Man thinks the price might lead, when. There is a lot of congestion from the top of Green 1 to the bottom of Red 1 and having the luxury, it might be good to not order anything in there. Remember: No guarantees, only probabilities. Very Important to me: Please like if you appreciate the effort, Please comment and develop this further and Please follow if you see this analysis thread going somewhere you would like to know about.
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