ETHUSD 1W log channel

5 Ağu 2018

I wanted to see what the channel it is in looks like and what the next alt cycle may bring. Either the many year long channel will be invalidated or the price of Ethereum will increase greatly by the end of the year.

27 Ağu 2018

Not

It has fallen out of the channel. ASIC miners the devs refuse to address, and refusal to reduce issuance from 3 to 1 per block so far. Not looking good for ETH right now.