Based on the channel you can see in the chart and fibs, I had this idea from last few weeks and it was one of the reasons I was catching the falling knives few days back when ETHBTC had dropped below 0.08, this chart needs no explanation and its clear based on what I have drawn that squiggle Target 1: 1.618 fib for long position Target 2: Short it to 0.382 or...
4h time frame: Tenkan - 10360 Kijun - 9487 Daily time frame: Tenkan - 11666 Kumo edge - 11690 Weekly time frame: Kijun - 10313 Today's daily close is also the time at which weekly candle closes, bulls will try hard to close it above kijun (10300) Go long, scale your buy order properly, buy more at lower prices.