Where do you think this is going? Is there any reason to believe it won't at least get to 120k? Where would it go if you do a measured move on log scale?
This appears to be a bull flag. Do you think we will see $76,000 soon?
One might have expected a decline to the 7-800 area back in 2017 but it never happened. Is it similar to the 11-14k area today/
Could last night have been the bottom for now? Largest daily volume candle since May 19,2021 may indicate that is the case.
200 week MA also following very closely the long-term trendline, is also very close to the 2017 high and 50 month MA. The confluence of these two charts may too beautiful for whales to pass up.
The 50 month MA is very closely the long-term trendline and is also very close to the 2017 high. Should act as support if we get here. Would it surprise you?
50 month MA following very closely the long-term trendline is also very close to the 2017 high. Should act as a support if we get there. Would it surprise you?
What do you think will happen at this area of resistance?
It looks like an area of resistance has been reached. What do you think happens next?
This is the same thing I showed above on the daily chart. ETH beginning to BO from BTC. The pink line shows the actual breakout.
ETH/BTC broke out from a multiyear IH&S and now is completing a continuation pennant.
ETH/BTC broke out from a multi-year IH&S and now seems to be completing a continuation pennant.
What doe this tell you about where the most likely best place to put your money is? Nothing is guaranteed.
Continuation pennant from the breakout of the multi-year IH&S.