ETH potential scenario, based on price pushing up harder in relation to BTC.
Need BTC dominance to come down for this.
Looking at the potential channel that price is following, high of the channel would be a 2.414 fib extension target which is on the high side.
If price doesn't make it to that fib level, then the channel is invalid and would need to adjust it to lesser of an angle.
Need BTC dominance to come down for this.
Looking at the potential channel that price is following, high of the channel would be a 2.414 fib extension target which is on the high side.
If price doesn't make it to that fib level, then the channel is invalid and would need to adjust it to lesser of an angle.