ETH second attempt at wedge

2021年12月29日

As you can see, the first anomaly, occurring at halfway in the bull run,
signaled the first attempt at a triangle pattern.
However, the chart touches the trend line three times,
with the first interval being smaller than the second.
This clearly indicates that the triangle pattern will fail.
The second anomaly occurs in the middle of a W-pattern.
Obviously, this is the result of a major sell-off.
If we connect the peaks and the troughs,
we can definitely see evidence of another triangle pattern emerging.
As a result of the large sell-off, this guarantees the triangle pattern at about
a $90 variance, according to the stoichiometric calculations.
The resistance and the support lines, undeniably produced by the beginning
and end of the bull run, indicates the normal distribution of the price range,
at about a 4-sigma accuracy.