Channel 1.6fib blue level 9k. Standard 1.6fib 7k (channel fib 1.2) Trend based 1.6fib 8.5k
Price pattern is favorable for more upside.
This may be wrong MD
Trade active
next channel 0.6fib. may even be directly 0.7fib(minimal ath).
second place major coin has been calm today, but i don't think it will stay that way.
i believe eth ath is not far away and we will see it soon.
indicators are favorable for bigger increases or hint that it is worth holding. the indicator in the yellow circle is similar to when i released a new trx analysis, you already know the trx result. seeing this indicator result i had to give a bullish analysis and be ready for eth pump
simple stop loss 3500, 3250 or 3000(3000-strong). when eth rises, the SL also raises higher and needs updates.(but i won't do updates and thank tw developers for allowing me to update the analysis only 2 times).
Trade closed: target reached
Only up! every drop equals a BUY ENTER
Eth seems cheap and I'll just buy more.
Note
eth follows the total pattern well and I take that into account. #abc
Note
The 1w btc chart has a beautiful abc volume. 16-23 1w can close in green? Maybe yes. In a few days we will see if btc closes the 1w(c volume) candle as beautifully as it is today.
btc:
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