Ethereum is consolidating large gains (part 2)

In my previous chart, I was expecting an irregular flat but I think we are more likely to see an ascending triangle because of the price strength we have seen late afternoon and this evening. If we zoom out, we notice a very large reverse head & shoulder pattern, that should carry the price at least to 3400 in the next couple days. However, for this reverse triangle scenario to play out, we have to see a small dip tonight, as shown on my squiggle

Kommentar:

This scenario seems to be invalidated.