WcDonalds

Adjusting my last chart

Long
WcDonalds Updated   
BITSTAMP:ETHUSD   Ethereum
it would be cool if this happened. I'm trying to outline a macro idea so I can trade the smaller timescale swings.
Comment:
Figured I'd add that the time frame is probably off but I think these price changes could take place on some timeline.
Comment:
I keep coming back to this fractal to see if it's still playing out. ETH continues to follow along which is insane, but the next few months are really going to show whether or not this pattern is right. I never trade fractals but I can't ignore how accurate this has been for over 2 years. The prices aren't exact but if you zoom in you could see the price action is very similar. There are a lot of reasons I'm heavily allocated to ETH and this chart is one of them. If I ignored ETH and this played out I would feel like a complete idiot. If it starts to diverge then I'll jump ship but if price action continues like this I'm targeting 15-20k.

summary: trust the pattern until it breaks and long ETH
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