Key levels for ANT/USDT if it keeps going upThese key levels have been identified on the weekly timeframe (ichimoku levels) and the next level is a the next higher high in the past.
Dowtheory
Basics : Ethereum Weekly Timeframe BINANCE:ETHUSDT
Weekly analysis of BINANCE:ETHUSDT observed a low, 880, has been made in Jun22.
In Nov22, a higher low has been formed at 1072.
With current formation, no new lower low has been made by BINANCE:ETHUSDT suggesting another higher low after it crosses 1300.
Getting above its daily cloudGetting above its daily cloud.
We have to wait to see if the price closes above it.
The price might go back to 16203The price has got below its daily Ichimoku forecast line.
The chikou span has got below its daily Ichimoku forecast line.
BUT : the chikou span is above its Kijun sen line.
The price might go back to 16203 = The low of the japanese candlestick from which the Daily IFL was drawn.
Possible resistance before going to 16203 is 16432.8 = the kijun sen level below the chikou span.
Current price = 16668.