Fun with '17 $BTC fractal and speculation on top of range trend. In '17, BTC actually broke above this trend line with it's blow off top...a similar move for $ETH this year would reach an incomprehensible $40K+...or $4.7T MC which is hard to imagine.
I drew this IHS four hours ago when everyone was expecting a H&S to play out in the macro. Instead, there was a fake-out which will soon complete into an IHS and up we go.
It's early, but we'll likely see Coinbase, Inc., stock align with the fate of the crypto markets. As $BTC, $ETH and other Alt Coins gain momentum, COIN will see favorable price action. COIN broke out from the bottom channel and is testing $258 for support. If support holds, we should see price advance to resistance at $303. Continued expansion from the $303...