I have analyzed this data of the historical bitcoin, most likely it will not repeat, but each maximum was the 19.0 level of the Fibonacci extension compared to the last maximum, once it touched the price it retraces to the 3.0 level of the extension. The new high is projected at 300k and a 50k retracement is estimated.
thepatternsite.com Broadening Formations, Right-Angled and Ascending: Trading Tips Measure rule: Compute the height from the highest peak (point A in the Measure Rule figure to the right) to the horizontal trendline (B) and multiply it by the above 'percentage meeting price target.' Add the result to the highest peak (A, upward breakouts) or subtract it from the...
a good exit long position on short term is 18500$
if breakout the symmetrical triagle, one possible rebuy position is at 17.6k$ -17.8k$ at golden pocket Fibonacci retracement
ETh will broke the fib gold pocket and it is apparantly will do a parabolic move
It's possible to retest the breakout on the falling wedge.