ETHEREUM & BITCOIN REPORT 5TH SEPTEMBER 2022

 

    ETHEREUM 

We've seen a rotation up from the lows, but price failed at the same levels as in the 1st & 2nd Quarter, this time 1948 in the 3rd quarter. (50% level)

Looking at the monthly Cycles in September, it's hard to get excited that price is going to trend higher.

As well as my view of the SP500 (read report), if those September lows can't hold (SUPPORT), I will be dollar cost averaging around 400


BITCOIN

    Whilst #ETH reached the 50% level, #bitcoin failed to reach the 28.5k 

It may still surprise in late September, (or at least rise to 23k) but can easily push down into the Sept lows at 17.5k.

I will be dollar cost averaging around 11.5k on any further weakness