Is ETH ATH about to happen

Feb 2, 2021

ETH just broke to 4H higher high

will it

A) Consolidate briefly on lower timelines before shooting to ATH

or

B) Return to rising wedge line

Feb 2, 2021

Note

Update: Looks like the correct answer was A in the shorter term

Going back down to the rising wedge line is still a possibility imo as all of the ETH ATH breaks thus far have been tepid and overextended leading to much needed consolidation shortly after. This time does look a bit different as the price action has been a bit more stepwise than parabolic opening the possibility for bulls to have moved support up to the mid 1400's. Current setup makes a break of 1500 seem likely today!