While studying the charts, I noticed that a 2.618 Fibonacci extension nicely coincides with the top trend-line of a potential broadening pattern. Do I believe this will play out? No. Is it possible? Definitely. I doubted we'd see 26,000 without a wave down, so at this point, what's another 1000 points up. No big deal in this crazy market. Please see my other chart for a bearish outlook that predicts the formation of a symmetrical triangle.
Tips are appreciated if this plays out and helps you get ahead of the market in the coming months:
ETH: 0x13cd45d7d282ee0ee4635645cce2e2a566d9bed8
Tips are appreciated if this plays out and helps you get ahead of the market in the coming months:
ETH: 0x13cd45d7d282ee0ee4635645cce2e2a566d9bed8