Is ETH ATH about to happen

2 Şub 2021

ETH just broke to 4H higher high

will it

A) Consolidate briefly on lower timelines before shooting to ATH

or

B) Return to rising wedge line

2 Şub 2021

Not

Update: Looks like the correct answer was A in the shorter term

Going back down to the rising wedge line is still a possibility imo as all of the ETH ATH breaks thus far have been tepid and overextended leading to much needed consolidation shortly after. This time does look a bit different as the price action has been a bit more stepwise than parabolic opening the possibility for bulls to have moved support up to the mid 1400's. Current setup makes a break of 1500 seem likely today!