#ETHUSD
Weekly Log chart
Comparison of the 2017 and 2021 bull markets.
similarities:
- small correction to 0.786 fib.
- formed a cup and handle in small correction that handle supported at 0.5 fib level.
differences:
- 2017 correction took longer, that I think now people are more interested.
If price close a weekly candle above previous high, and follow history just like 2017, price will touch $12600 and even $14000.
Weekly Log chart
Comparison of the 2017 and 2021 bull markets.
similarities:
- small correction to 0.786 fib.
- formed a cup and handle in small correction that handle supported at 0.5 fib level.
differences:
- 2017 correction took longer, that I think now people are more interested.
If price close a weekly candle above previous high, and follow history just like 2017, price will touch $12600 and even $14000.