This is a continuation of the previous chart, link provided below.
Looking at BTC, its last 2 of its 2 ATH occurred in December and with ETH, January. The odds are that December will occur for BTC and ETH in January, if history repeats itself. Using the fib time extension tool along with other metrics, this chart also shows ETH previous ATH might repeat itself in January as well..
Looking at this chart below, I use the logarithmic fib channel to find confluence with my macro fib extensions with wave 4 to 5 in the medium space. From a BIG Macro, we are still doing wave 3, very much like BTC, completing wave 3 for its ATH.
Below I have also some additional charts so support my thesis.
I would love to come back to this early next year and see how these tools matched my forecast.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.