This is an update on the last analysis of ETH/USD which we did for you. As you can see the crab pattern which we talked about a few days ago is about to complete the last movement which is (CD line) on the chart. If the pattern completes the price will reach around 2400 to 2500$! after the completion of crab pattern it is expected that the price start the correction. if we use the fibonacci retrecment the correction can be up to 0.786 or 0.618 line of fibonacci .
Our more recent analysis of ETH/USD :
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea . Have a nice day and Good luck
outside of the pcz what is your reasoning behind $2400 resistance... honestly makes zero sense as this is in a price discovery area. I posted the deep crab myself last week and there is nothing suggesting that $2400 brings any resistance other than psychological at each $100 increment.