ETHUSD within $100 of retesting its ath

Jan 10, 2021

The next resistance for ethereum is the retest of its alltime high (marked here with this horizontal yellow line). It may blow quickly past this resistance in a similar fashion to how bitcoin did after retesting its 20k all time high but there's also a more probable possibility that it would be rejected here and start to form a handle to complete this picture perfect cup that it will have completed upon the ath retest. I plan on buying whatever dip comes out of the ath retest and am hoping to see at least a 20% retracement but hopefully even more. *not financial advice*