Mostly the dips have been heavily bought.
Also the ETF is still far away (2 weeks) so I doubt that was the top.
Let's see how this one plays out.
2 Days, let's go
I think we'll revisit the ath very soon and February is going to be very exciting. 7150 proved to be a good support level so I expect 7500 to be tested this week.
Lets see how this plays out by the end of the week.
First time posting a forex chart. I think we're going to follow the same pattern as 2 months ago, another cycle begins after rsi and macd reset.
Let's watch this over the next 2 weeks.
Classic rising wedge, I expect a drop to 5000 or 5050 let's see how this one will play out.
Classic cup and handle here.
Support laying on 0.236 level of the retrace.
1st target 0.0110
2nd target 0.0120
3rd target 0.0130
Classic H'n'S pattern. With the surge of btc this should complete easily.
Targets : 17.5 - > 17 - > 16
We see the pattern from mid of May to mid of June reoccurring.
Break out of 0.022 means we're out of the pattern, else it should be strong down.
Target 60k then another down.
Next resistance should be 0.022 then clear sail ahead of that. BTC is really shaky, so expect money from btc to flow to eth.
We can test 650 or even lower, if this last high doesn't break the channel
ETH/USD next hours