$ETH soon to come back from break

21 בינו׳

It is just the beginning for ETHs run. The anticipation for an Ethereum ETF is starting to buzz around. We have hit the zone highlighted in my previous ETH drawing which consists of a channel and a weekly Ob-. As part of the order block theory composition, I have marked the 'mean threshold' of said Ob- as our next zone of interest. The current price action is drawing a descending wedge at a shallow retracement which says we are strongly bullish.

21 בינו׳

הערה

Seems we will close the Weekly as an inside candle for ETH. Boundaries drawn. I am betting on upper boundary to be breached and soon thereafter upside continuation as inside candles tend to do, lets get that $3040.

25 בינו׳

הערה

Breached down, continued down. Now we are sitting on a strong support area and this price action reminds me of what GOOGL painted back in 17'. It wont take as long as it did but the similarities are pretty clear so far and this support should take us above local top as showed below.

GOOGL


ETH

9 בפבר׳

הערה

On route. current Daily candle hitting a higher high, probably nothing ;)

12 בפבר׳

הערה

Printed te strongest Weekly candle since $1600. It aims at $3400

26 בפבר׳

הערה

We did it Joe

26 במאי

הערה

Will challenge ATH
Never below 3.5K again