View: slopechart_$ETH.jpg

Eth, fibbanachos. 

I yapped about this in the past: One thing I do like about Elliot Wave shenanigans is the idea that a new high can be made, but what you might be looking at is a gigantic fake out that is really part of an ongoing bear. 

So I stuck the fib tool to the May 2021 high and left it there a couple years back. We just banged off the 38.2 retrace if you are a subscriber to that particular voodoo spell. 

Happy Saturday otherwise!