Since all other coins tend to follow big daddy BTC I can't make an analysis on ETH/USD without showing you guys what I got on BTC .
Now some insight on what happened with BTC and what will probably happen:
As expected a huge horde appeared around the same time both ETH and BTC got into the mid-term bottom. I believe we entered a small window in which BTC will go up slightly to kiss the previous red gigantic support line from the bottom (7200-7400 USD). After that we will go down to another important algorithmic target. I do not believe we have found our real bottom. So a small 25 percent gain long oppurtunity has come out for BTC .
As it goes for ETH obviously the same goes for BTC . Be cautious because altough we managed to hold an important line for BTC , it does not guarantee in a longer term that we will hold it the third time we touch it. If it touches it a third time after we reach our targets (below previous big red line) it will most likely break it and go to the 4500-4800 USD area (algorithmic target... so be aware!)
Stay safe and good luck everyone!
PS: This is for educational purposes only. I am not a financial advisor. The sharing of graphs is meant to share my ideas with the rest of the community and an indication on how I make my trades.