ryanc49

ETHUSD Analysis 7/12/2021 15min

BYBIT:ETHUSDT   ETHUSDT SPOT
Update from previous idea:

We spoke yesterday about breaking the 0.5 holding and aiming for my upper short term target of 4360, we blasted through that over extending to 4420ish.

My fib has not moved position however once price broke above the previous high I went to see if any of the higher levels on the fib could call a top, I've added the 1.272 and 1.414. we perfectly tested the top of this fib amazing! a short from here was a lovely call and a new target to watch on the way back up.

I am looking right now at a test of the previous high (4246), this yellow box was here before but I have dragged it along to today's price action, I think holding this box and the previous high is crucial to see further upside.
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