$ETH soon to come back from break

2024年1月21日

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.

2024年1月21日

註釋

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.

2024年1月25日

註釋

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

2024年2月9日

註釋

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

2024年2月12日

註釋

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

2024年2月26日

註釋

We did it Joe

2024年5月26日

註釋

Will challenge ATH
Never below $3.5K again