Money Man is having some fun with these trendlines. No, they are not broken, yet. Trendlines are most of the time the trajectory parameters the price takes. Unintentionally sounding so educated, but he sees it like roads to destinations or plots in a story to a climax. Then obviously the boxes or levels are the spots where it is, by his approximation, heading.
He put the red oval over the price where BTC made the high and fell for comparison to the attached BTC chart.
Conclusion: ETH has been raced higher the moment BTC showed some buying of the dip – interesting is it not? Higher targets are new as they came into view. Very important to me: Please like if you appreciate the effort, please comment and develop this further and Please follow if you see this analysis thread going somewhere you would like to know about.
He put the red oval over the price where BTC made the high and fell for comparison to the attached BTC chart.
Conclusion: ETH has been raced higher the moment BTC showed some buying of the dip – interesting is it not? Higher targets are new as they came into view. Very important to me: Please like if you appreciate the effort, please comment and develop this further and Please follow if you see this analysis thread going somewhere you would like to know about.
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