ETH - Still correcting. Medium term target $5244.34

Most of the analysts out there are talking about a Bear Market and all I can see is a Bull Market with the normal Healthy corrections taking place. My first chart shows the current correction being an ABC (Expanded Flat) with a bottom around the $930.00 mark (Note that the bottom on the chart is the blue 5 of C.)

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The second chart is the Mid term outlook and has a target of $5244.00. If it developes the way I think it will, it will form a set of Fractals with Fractal 2 being nearly 4 x the size of fractal 1. If you look at the increase after Fractal 1 and multiply that x 4 it lands pretty much on the target predicted by EWC. Both very bullish signs and confirming each other.

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These charts are for my personal trading and entertainment purposes only. Please do your own Due Diligence before investing in any token and never invest more than you can afford to lose.

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