ETH/USD - ASCENDING WEDGE | POTENTIAL SHORT-TERM CORRECTION?

• The crypto market has undergone a vast surge in prices with no clear indication of its limit
  
• However, Ethereum has clearly been respecting an ascending wedge on the higher timeframe
  
• As a result, price with respect to the wedge will be observed and, upon break, a downside target has been identified, namely the 61.8 fibonacci
  
• Calling the tops and bottoms are very difficult tasks however the respect of the ascending wedge is too strong to ignore so will therefore be used as a strong indication of future price action here