This is a years long dream about ETH. ~$700 bottom is my target for big inverse Adam&Eve pattern on ETH. The main idea is giving smart money a good chance to buy and accumulate in 2023.
Could this pitchfork and fibonacci mark the top of the bear market rally?
I am not really bullish about the market right now but if I had to choose between ETC and ETH long positions, I'd go for ETC.
Will NASDAQ retest this broadening channel and get rejected?
I'm not saying this pattern will work but it's there. The question is "Would but ETH around $650?"
BTC broke the daily falling wedge. ~22.5k was an important correction target. I believe a pullback and finally a double top and retest of the big bear flag >25k is the most likely scenario for now.
Fake brekaout and fibonacci correction seems like a good possibility.
Looks pretty good. If we lose 24k again, beware.
Will BTC run the lows? One more retest? Or it's all over?