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marqtz
Feb 13, 2020 6:11 PM

ETH BTC fractal idea based on Fibonacci channel on W1 chart  Long

Ethereum / BitcoinBittrex

Description

This time I've tried to draw a fractal wave on Ethereum BTC weekly chart, based on the previous movement, with the help of Fibonacci channel applied Lifetime. Considering the bullish Ethereum momentum and an ipotetical BTC strong retracement could make this be possible. The result is impressive.
Don't know where we are going. But as stated by many, ETH could be the BTC second chance for those who missed out the ship on the 2016 BTC bull run.
I'm also realistic: a 20x from here will be great.
Comments
Afterbite
that would be huge, but eth needs a huge shot of steroids to do this/ maybe a huge network upgrade
marqtz
@Afterbite, look at ETH USD chart, if ETH will reach 10k and ETH BTC 1.5 then BTC could possibile dump again to 5k. Simple math. IMO BTC will complete a falling wedge pattern before moon.
marqtz
Hilariously, ETH could worth 1.5 btc.. If happens
marqtz
if it should plays like this, on November ETH hodler will be rich
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