ETH/BTC Target, ETH has been performing better overall, will likely continue in this uptrend until trend line resistance / horizontal resistance & fib zone.
Simple chart showing previous bear market percentages. This is just to show how this bear market is shaping up and if we can draw on any similarity's from previous bear market. Hopefully a useful visual aid
Possible A&E bottom waiting on a break of the peak between the 2 lows to confirm the bottom and reversal. 11.5k-12k will be the area to watch for rejection or break out
Chart showing the 4 hour BBands and how the last time we squeezed this hard was on the 25th of November before a massive bull run. Time to pay attention!
Possible scenario for the break down of this rising wedge, we will bounce off some support on the way down to 10400 where we will find strong support/0.5 fib and then have a rally back up for the attempted break of 11700.
just a doodle showing how we could move up and bounce of different support/resistance targets
Green lines show previous ATH consolidation period with time taken for break out, red line shows time taken from ATH to moon
This chart shows previous ATH break downs, then the following bull runs, each time consolidation has happened at previous ATH before growing x percentage. The white lines show where the break throughs of previous ATH's have happened. Predicting a run of %88 or higher before next correction - sets target at $24000 USD