Price targets for the Ethereum bull run – January 2021. BNC’s Josh Olszewicz explores the use of technical indicators to establish price targets for the next Ethereum bull run.
Evaluating price discovery levels on a day-to-day basis can be difficult but mapping out key levels of resistance in advance of any bullish price run can prevent shoot-from-the-hip decision making from creating a poorly planned trade.
Various technical indicators can be used if crypto markets re-enter a broad multi-month bullish rally. Although each indicator provides slightly different support and resistance levels, a single indicator is unlikely to give any trader complete confidence during periods of price discovery. Used together, zones of resistance confluence and trade exits can be determined despite no prior price history.
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