If we follow the doge, we're look at a 100k bitcoin by December 27th, 2021 following a fairly aggressive sell off that'll lead to a slight reversal but don't fall for it. This is when you'll want to sell.
A couple months back, ETH popped 106% in 32 days after playing out a similar candle pattern that we've seen over the past couple of weeks. Last time, it closed out at around 2100 - ran up to ATH at 4360. If the same pattern plays out the same way, we're looking at about 5400 by September 5th. Let's see how it goes.
Green = ATH & current resistence Blue = Current support Purple = previous support Yellow = Trend line
Judging by these trendlines, it looks like we topped off at 8500. Let's see if we repeat a similar pattern from the 11680 drop off.
Seems we failed to test 11800. No we're on our way back down. The pitchfork on the 4 hour shows we're deviating from the trading channel that was created at the moment of the 5894 correction point till now. If it holds and continues out of this channel, we're looking at a pretty bearish few days ahead. Lets keep an eye out!
Seems we're at the top and back on track after the correction.
Check the 6 month channel to see where we'll correct if we get a correction.
Where are we going? Looks like we're going up but we're going to take a dip on the way.