This is a part of my previous idea
If we look to ETH, we saw a ca 50% correction and a textbook falling wedge just like previous re-accumulation before the dec 2017 pump. The falling wedge ends perfectly in our heaviest support. A target when we breakout of the wedge is the next 61.8, from there we could print another wedge while we re-accumulate for the bullish continuation to the golden ratio that lays near 650USD. Like explained in the previous idea, each cycle takes longer and is less steep so this re-accumulation could take a long time.
If we look to ETH, we saw a ca 50% correction and a textbook falling wedge just like previous re-accumulation before the dec 2017 pump. The falling wedge ends perfectly in our heaviest support. A target when we breakout of the wedge is the next 61.8, from there we could print another wedge while we re-accumulate for the bullish continuation to the golden ratio that lays near 650USD. Like explained in the previous idea, each cycle takes longer and is less steep so this re-accumulation could take a long time.
