This is a crazy run that i'd like to think may be the first of many perfect storms indicating mass adoption.
Ascending triangle with resistance at $3600. Breakout to the upside could see another 16% increase based on earlier rally to the current ATH.
Breakout to downside sees 3000 support. I think we'll see the breakout in the next couple days with a local top...
Descending triangle, although traditionally bearish, consistently touching resistance is bullish pattern which will likely see a breakout soon.
Expect to retest resistance once more time before breakout to the up side. Expecting next resistance at about $3.50
Potential head and shoulder formation to appear over the next week after testing .42 support. Likely to see some consolidation at .52 before an upward trend. Look for resistance at around .85 before seeing retracement and consolidation.
Fingers crossed. Buckle up and buy the dip while you can. Lets go!
First, let me just say I'm brand new to this space and am not nearly as talented as many of you in my uneducated analysis. That said, I noticed a trend that occurs every 10 days with ETH. A Substantial dip to the current support line in the ascending channel. Will we see a dip to the 50% fibonacci or the support line followed by a dramatic upswing over the course...
