ETH is making a wild cycle up. just did 1st and 2nd leg. 2nd leg was correction and price broke already to the upside.
After a breakout, 9/10 a smaller correction follows and sort of retesting the .
Wait for this pullback to hit the blue box, if you see some strong price action you can enter the trade for a nice move up.
Targets determined with Fibonacci Extensions.
Lets see if it starts a correction and where we can place 4 to determine 5
Except for ETH and maybe 2 or 3 other coins, nobody never look / takes coin/usd into consideration for technical analysis.