Heres a projction of SEI which has great expansion potential showing accurate reaction from the current evels set so will continue to use these going forward
check previous analysis where i highlighted the 78.6% level as a key buy level, this also correalted with the furthest trend level wherer vaue could have caiught support sccording to the first market cycle of this bullrun. eyes out for new chart updates.. could be looking at new entries at previous levels that have been broken but not retested yet.
Check previous analysis of eth chart where i highloghted the 78.6% as a a vaue for thr best buy oppertunities with the lowest risk highest reward..
These entries continue to stay active with stop losses for al trades moved into profit
major levels of interest coming so these will determine the next moves we could see on ETH, this will ofcourse depend on bitcoin...
ethusd continues to find support from the 78.6%, also we are seeing the fib fan which is determined by the most recent bullish market cycle is bieng used very nicely
overall next key level for take profit levels will be the next ascending trend line according to the most recent market cycle.
Eyes on these key levels going into mid Feb.. Ideally looking for some sort of Wyckoff phase to form before we see next major bullish moves..
On the other hand technically bitcoin still in a bearish trend and this should be seen as a retracement of the bearish leg finding more liquidity for the next leg down.
As gold increases in value and us dollar decrease in...
