SUMMARY
Ladies & Gents, we have a pregnancy! ETH is bloating and very obviously showing because she's impregnated with an ascending right triangle baby (blue lines). This is confirmed by the Mother Fractal of the same pattern (white lines)! The fetal ascending right triangle shows volume confirmation too as it's declining to a trickle. I believe this smaller setup is a way to await its turn to take the batton from Dadday Bitcoin (yes, it was Bitcoin who knocked ETH up!) and breach its upper blue line to mark the next stage of gestation noted by wave d (circled) and then wave e (circled).
The daily degree of price bars show Mother Fractal with prominent and I must say, very healthy, price strokes of a,b,c,d,e waves as if counting down the months to the expected day when fetal fractal will breach the upper horizontal white resistance line of the larger ascending right triangle and take its first gasp of birthing air at the lofty heights of all time new highs! (Damn! That was a run on sentence! My 8th grade English teacher would be proud!)
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BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
I knew Ethereum would eventually put out! Not surprised it is for the biggest baddest wolf in the yard!
Btw ..really appreciate the synopsis above the video, helps break it down for some of us who are still learning the graph jargons from your videos
I am her only to help! Glad you liked it.
img credz: pixabay.com
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NEO just broke through the lower resistance line... :(
Chins up!
ETH is dumping and BTC is pumping - oh boy Crypto isnt good for the heart ! we could be at ATH by the end of evening lol
That's why I'm selling into this and taking BTC profits, and buying ALTs for the inverse of this non-phasic cycle.
@Haejin I assume you will be then be selling ALTs and back in to BTC when wave IV bottom arrives at your predicted $2000 - $2500 price point ?
I believe at bottom of IV, it won't matter. Because Wave V top will be heavenly for all.
But yes, I believe there will this type of exact non-phasic cycle.
Yes. That was a H&S. The bottom is 18 dollars.