Ethereum does not look good in the summer months leading up to December.
I drew the months of August (current month) to December with highlighter, also Marking the month with AUG on the chart.
The December Months were RED horizontal lines, they are pretty clearly bottoms. I drew Green for the tops, these were MOSTLY June/May. There was 1 Jan (2018), and August if we count it 2020.
My analysis:
Ethereum Low: December
Ethereum High: June
Ethereum Bearish: July/August - December
Ethereum Bullish: January - May/June
Going forward: On cycle years, it seems it may go upwards or sideways - not enough data to confirm. The ETH/BTC chart is clear as day though, DEC will be your lows, and JUNE will be you highs. Look for a point to sell ETH into BTC coming up.
I drew the months of August (current month) to December with highlighter, also Marking the month with AUG on the chart.
The December Months were RED horizontal lines, they are pretty clearly bottoms. I drew Green for the tops, these were MOSTLY June/May. There was 1 Jan (2018), and August if we count it 2020.
My analysis:
Ethereum Low: December
Ethereum High: June
Ethereum Bearish: July/August - December
Ethereum Bullish: January - May/June
Going forward: On cycle years, it seems it may go upwards or sideways - not enough data to confirm. The ETH/BTC chart is clear as day though, DEC will be your lows, and JUNE will be you highs. Look for a point to sell ETH into BTC coming up.