If we see BTC bouncing sideways above 28-30k, I expect an ETH pump, but it is possible that ETH slowly dumps if this doesn't happen. Regardless, if this hourly candle can close above 1200 convincingly, I will want to believe that we take the upper Fibs. If not, I'm bracing for the worst to be honest. Watching for a big move early February, bracing for the CME open on the 8th and my projected Fib time move on the 3rd. I will give room for movement between 2/3-2/8.
Trade closed: target reached:
Perfectly timed and reached all levels.
Comment:
i went up to 1430 and placed the beginning of a fib channel and put it at the bottom of 1167. I then spread the channel out to where it peaked again from the dump down from 1430 at 1382. I then cloned the channel and you can see i basically made a wedge, and flipped it to create the channel for the Feb 3 move predicted by me since Nov 28... check the first post men.
