We took a look at Ethereum's (ETH) monthly chart. The good news is the bullish breaker held as support. The "bad" news is that Fib time analysis points to January as the optimal time for a potential take off. This contradicts the work in a recent piece suggesting gratification may come soon.

How are we reconciling these differences? Assuming we are right about an uptrend, we see the meat of that uptrend coming in January.

Bottom Line: All we can do now is wait.

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