$ETH Ethereum ABCD 1.618 Extension

25 באוק׳ 2021

Just an idea here. I do think we are going to do the 1.618 extension from our lows eventually here on ETH. Whether you are looking at this as an ABCD, Cup and handle (ish), or a breakout of a consolidation, the targets are confluent with each other. Now the correction after the 1.618 is merely just my speculation, but a 6.18 retracement off the highs would bring us back down to backtest resistance here on the weekly and also back down to trend.