We look at the price of ethereum and its chart history and use it to predict targets of the current run.
Please check out my post on steemit with more info: https://steemit.com/eth/@knircky/here-are-my-eth-target-explained-usd1800-usd2000-and-usd5000
In this video I take a look at the ETH all time historic chart and use three ways to come up with potential targets for the current run.
I look at the “steps” Ethereum has formed in the past and analyze the step size in the historical charts to come up with a target of around 5K
We look at time of the runs in the past and project the price accordingly in addition to the trend channel to come up with around 2K
We look at the Mayer multiple and where it has gone in previous runs to come up with $1800.
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