More Minors on Current Action

Updated
Recap: Price reached Green 1 after a good amount of consolidation at Decision 1 and 2 of the previous analysis (“Pile of Red”). Money Man’s aim here is to simply highlight what has been happening with price and where the Bulls had to fight the Bears. This analysis does not aim to replace the original but would be interesting to watch as it plays out, just like the previous “minor analysis” (Impact of Trading Costs on 2% Max Risk’s – analysis section).

Conclusion: ETH tends to trade quite “clean”, but there is a lot of noise on a low timeframe like this. You are invited to push the play button and watch, Money Man will as it will keep him prepared. Remember: No guarantees, only probabilities. 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.
Note
Pile of Red - Main analysis
Pile of Red
FibonacciSupport and ResistanceTrend Lines

Disclaimer