ETHBTC - a flippening scenario
fun with charts
So the purple bowl curve is balanced to get us from the previous peak (12June2017), through the bottom of this curve. It just so happens there was a dip there (26AUG2019).
Those two points form the parameters of the natural curve and they would have predicted that ETHBTC would have returned to 0.16 on 25OCT2021 ... but, perhaps due to lengthening cycles ETHBTC peak (or breakout) was delayed. The new fitted curve is in yellow and predicts the 0.16 value to be reached by 14MAR2022.
When you zoom in, the steepness of the yellow curve is terrifying... so, so check and see if price action like that is even possible I just copied over the bars from the previous parabolic curve this spring.... and lookie there... not only do they make it they also have time to back check the 0.16 value and climb higher! (crosses at 17Jan2022).
Not saying it's going to happen, that would be insane... but its not something the charts haven't seen before.
Makes me want to buy more ETH.
So the purple bowl curve is balanced to get us from the previous peak (12June2017), through the bottom of this curve. It just so happens there was a dip there (26AUG2019).
Those two points form the parameters of the natural curve and they would have predicted that ETHBTC would have returned to 0.16 on 25OCT2021 ... but, perhaps due to lengthening cycles ETHBTC peak (or breakout) was delayed. The new fitted curve is in yellow and predicts the 0.16 value to be reached by 14MAR2022.
When you zoom in, the steepness of the yellow curve is terrifying... so, so check and see if price action like that is even possible I just copied over the bars from the previous parabolic curve this spring.... and lookie there... not only do they make it they also have time to back check the 0.16 value and climb higher! (crosses at 17Jan2022).
Not saying it's going to happen, that would be insane... but its not something the charts haven't seen before.
Makes me want to buy more ETH.
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