When $ETH Money Flow Index turns green, new ATH!

7월 21일

ETH has scaped the downward channel, but is still inside the horizontal channel (both in yellow)

Note the blue diamond from Detonator A Indicator forming now, indicating a possible local end of trend

Price will need to retest the support of downward channel first, as it coincides with both EMA200 (green tick line) and MA200 (red line)

After that retest, price will follow to the upper resistence level of the horizontal channel as the ATH box is a attractor for price because former trends have targets over the ATH box (those purple arrows)

When MFI (Money Flow Index, below pannel) turns green again, you know we will reach new heighs!