We are now getting to the pointy end of this consolidation. Decision Box 1 and 2 have morphed into a pinch. Volume also tells us that tensions are getting high and a move is imminent. The stairs and lift idea (from previous forecast) is still intact. Tension has only resulted a change in targets. Green Target 1 is still intact but getting through it sees much more upside possible.
On the downside Red Target 1 is there because of 4 decision points before and a fib level, so most likely to produce a bounce again or at least a stall (useful info imho). Red Target 2 will now also have some oomph to it and considers fibs.
Conclusion: These all are expansionist for the trend and timeframe, but tensions are building up unnoticed with targets beyond what seems reachable. Very important to me (people generally do not seem to take this seriously): Please leave a like if you appreciate the effort, Please post a comment to add your voice and expand on this, and Please follow if you think this might lead somewhere that you would like to know about.
On the downside Red Target 1 is there because of 4 decision points before and a fib level, so most likely to produce a bounce again or at least a stall (useful info imho). Red Target 2 will now also have some oomph to it and considers fibs.
Conclusion: These all are expansionist for the trend and timeframe, but tensions are building up unnoticed with targets beyond what seems reachable. Very important to me (people generally do not seem to take this seriously): Please leave a like if you appreciate the effort, Please post a comment to add your voice and expand on this, and Please follow if you think this might lead somewhere that you would like to know about.
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The previous forecast:
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An ETH contribution:
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