ataylor05
@t_ataylor05
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ataylor05
ETH looks to be entering into another year long bull run. Looking for one more pull back to give the best entry at or below the bottom channel of the trend. We've been in this ascending triangle since May 2021 so it going to break strong when it does break out of the triangle. 2025 looks like it will be great for ETH!
ataylor05
Looking for the handle to finish forming, and for a rush of volume to come in. This pattern has been forming for the last 3 years so if it does play out, it would likely be a big move. My first target is between the 2.618 and 3.618 extensions. This has the potential to go a whole lot further than the 3.618 Fibonacci extension, if it goes the whole depth of the cup that would put the price into the upper 7700's. Watch for the volume as the handle finishes!
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