i think i was playing with pitching the circle here (tilt your head), and considering it could be pitched in two different (probs more) ways. then did pitchfans of triggernometric triangles and copied and pasted them to diff reversal points. trying to learn thru play...putting it all together slowly and messily :-) maybe i should just get a coloring...
we are in the second downward trend that is forming in a zigzag pattern. uptrend in long time.
My previous ETH analysis was of because positioning of pitchfork points wasn't snapped to highs and lows. My mistake. If we extend upper channel to fit the high of 364usd we get pichfork extension of 2.34. If we apply same 2.34 to bottom of the channel, ETH hit exactly the bottom at 138usd. Trend is still intact, and this could be great opportunity for long with...
Lets what Friday brings! First 2 targets posted!
BTCUSD A look at possible Pitchfork....also wanted to highlight the RSI, in perspective of previous correction & continuation levels Let me know what y'all see...Thanks!