Updated

ETH good to go ?

Hammer, test of FIB 0.618 and a slight bullish divergence.

A breakout of the falling wedge on volume may forecast a retest of recent highs.

Note

Low volume, divergence flattening.
Falling wedge still broadening.

Nothing compromised so far, but bulls need to find some true volume to break out. Even more important this short term support should hold.

Failing that FIB 0.618 is likely ( again ) and 0.782 possible.

Note

At FIB 0.618 already.

Note

Breakout was weak.

We can have a *very sparse* flag here, but unless it's confirmed a test of support is likely. Beware.

Note

Hopefully an upmove and a cup&handle ?

Not FIB 0,618 again pretty please !
Enough i enough.

Note

Update: it's moving according to plan.

Needs more volume though!

Note

Late, but still on track.

Note

Above resistance, en route to 250$.

See original analisys in december, it's still valid:

Note

Over 250$ already.
2nd resistance on chart cleared.

f-73

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

f-73