ETH - Post Inauguration Chart (Macro)This is an update to our previous predictions:
I highly recommend going back and viewing the post above as it was a picture perfect prediction. We were predicting the worst case scenario after getting rejected at $4,100 again would be a creation of a "right shoulder" which would bring price somewhere around that fib level at $2,870.
And just like clockwork price fell within $40 of that fib level and found a low around $2,910.
This is turning out to be an incredible inverse H&S pattern. Not only has ETH held the key $2,900 again (view the left shoulder to see how strong bulls were at this level in the past) but it is also the 0.618 of our predicted fib levels. Our next level is the critical $4,100 as soon as that level is broken the inverse H&S pattern will be broken as well which should send prices sky high.
Our next fibs targets are $5k followed by $6,100.
