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Ethereum

ETHUSD: Multi-Scale Levels

3 645
Research Notes
  • Price is getting close to connected tops (after which rejections happened). snapshot
  • If we scale out, there is larger narrative snapshot Giving vital points of reference.
  • The dynamics look like part of various progressions at the same time. For example, to answer why price grew from sub-2k levels in the first place, I would pay attention to how it had been falling. snapshot Even if price breaks above white line, the ongoings cycle still inherits the prolonged timing.
  • Interconnection of levels with structural significance:
    ⬩At smaller scale, fibonacci channel adjusted to the angle of the first small cycle snapshot
    ⬩Scaling out the structure from previous cycle to relate to the levels of local scope. snapshot
    ⬩The final frame of reference covers the case where price expands breaking domestic range. snapshot
Note
Structural reference to broad channel. snapshot
Fib channel angle 2018 & 2021 ATHS relating to covid bottom.

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