This chart presents Ethereum in view of the waves imposed by Bitcoin waves (see my other indicators). Since the Total market cap very much depends on and highly correlated with the bitcoin halving waves we observe the harmonic waves in other major crypto assets. These waves are modeled manually and could be used for reference in order to estimate the magnitude of the future waves based on the past wave dinamics.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.