ETH possible capitulation targets

The previous 2 broadening wedges extended 1.618%
From C-O fib extension

Hence I'm calling this the "CO wedge phenomenon."
What's next?
Extension targets for the current wedge are:

1859
1996
2098

Personally, I'm leaning towards counter-trading this sell-off, at 1996 and 1859.
That's where my bids will be placed.

CoinObservatory

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CoinObservatory

Thanks for checking us out!

For access to our TradingView scripts, visit us at
linktr.ee/coinobs

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。