betaway
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since Jun 29, 2017
beyondta
chartpattern
ethereum
ethusd
trendanalysis
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The December push to $20k was pure mainstream hype. The pullback to $13.5k was a logical correction. Accounting for this anomaly and placing a Fibonacci at the new rational peak and bottom of Nov to Dec, the current support of today's break down, falls exactly at the 0.382 Fib level. Price action wicked below this level today but has steadily retraced itself and...
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I reckon ETH is about to explode. It's showing similar % swings and volume to its setup in February bull run. It's got the steadiest, sharpest ascending triangle I've seen in my many months in crypto. It's Fibonacci is sitting pretty at the top end of the .6 - .8 ranges. And it's been getting disproportionate interest relative to steady news of its network...
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