Ascending triangle and Fib extension signals new ATH

6 Oca 2021

With an ascending triangle forming on the hourly time frame and given the current momentum on ETHUSDT we could see a new ATH within a foreseeable future.
The target of the ascending triangle also matches perfectly with the fib extension to with a target between 1.236 and 1.618 levels. However the hitting the ATH area might reject in the first try.

Note that the oscillators like MACD are not confirming the upside yet.

7 Oca 2021

Not

After a retest, we are now moving up towards the previous all time high