The current trend channel was already visible on 2 August. Compare it to my chart. Now this trend channel has been further confirmed. Therefore, I expect a maximum correction down to about 320/300. If 300 falls next support at 275/260, then 220. but that's not going to happen after my analysis. Then it could go further up. But be watchful. Maybe the correction at btc will not be so strong according to the technical analysis. I see a positive development for all cryptos until end of the year.
Let's see what happens. Happy trading. :-)
See also chart from 2. Aug:
[url=
]
and:
https://www.tradingview.com/chart/ETHUSD/zKJW8elC-ETHUSD-8h-Upward-movement-ahead-225-300-500-USD/
https://www.tradingview.com/chart/ETHUSDT/0RfONAOo-ETHUSD-8h-We-are-going-to-the-next-level-350-600-USD/
Let's see what happens. Happy trading. :-)
See also chart from 2. Aug:
[url=
and:
https://www.tradingview.com/chart/ETHUSD/zKJW8elC-ETHUSD-8h-Upward-movement-ahead-225-300-500-USD/
https://www.tradingview.com/chart/ETHUSDT/0RfONAOo-ETHUSD-8h-We-are-going-to-the-next-level-350-600-USD/
Note
view from a distance.Note
maybe we saw lowest low at 270/275.Note
if the breakthrough at 335 will be confirmed in the next few hours, another up is possible.Note
strong support at 300. okay. up could be expected.Note
Note
support at 260. if it fails, next at 235. Note
lowest low? maybe yes.Note
ETHUSD (8h) close-up of the current situation 
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BTCINVESTING 😃
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Entrepreneur · Trader · Investor · Crypto since 2014
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BTCINVESTING 😃
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Twitter: twitter.com/BTCINVESTINGcom
Entrepreneur · Trader · Investor · Crypto since 2014
Trading experience for over 30 years
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Related publications
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---
BTCINVESTING 😃
---
Free Telegram Channels coming soon!
Twitter: twitter.com/BTCINVESTINGcom
Entrepreneur · Trader · Investor · Crypto since 2014
Trading experience for over 30 years
-
---
BTCINVESTING 😃
---
Free Telegram Channels coming soon!
Twitter: twitter.com/BTCINVESTINGcom
Entrepreneur · Trader · Investor · Crypto since 2014
Trading experience for over 30 years
-
Related publications
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.