As we can see; the .618 lines up with the previous level of support and the moving averages. It's also important to mention that we are in a bullish phase in the market cycle for ether and were are forming a bull flag which leads to an updside bias.
The fib extension can lead us to believe that a 21% dom is in our near future and a possible retest of the trendline.
That's the signal I was waiting for forever!
The falling wedge finally hit it's bottom, and I missed the proper entry because I was away :D
Anyway, if this wedge completes, we have a lot of room to regain Dominance on Ether. Don't miss the train!
Happy trading!
