ETH shows dying momentum in this almost perfect Symmetrical Triangle. MACD is shows slowing momentum with possible trend reversal. Also BTC shows some bearish signs too on Weekly MACD. If we are lucky, we could see a $2200 - $2300 ETH before it head to much higher levels.
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Didn't play out how I expected but I will take it :)
@Thetality, This is helpful. Thank you. Still, the pattern suggests we may go down to test support and the continue which is what I am suggesting as well.
Teh fibonnacci levels say teh bottom is in and if you look at the Sept 2020 vs 2021 you will literally watch what will happen. WE are in consolidation ( the rsi times are fighting with each other). This should cause a break out any day once tehy align.
It will happen on the roll of the 4 hr candle that happens 6 times a day.
AmandeepSingh2020
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@Thetality, I guess I was pretty close. Of course it's tough to predict exact move but you can see the area revisited. :)