ETH likes to respect the fib levels. If ETH surges beyond $3477, the 0.236 fib retracement level since the last ATH, one is likely to see a new ATH. ETH stayed only a few candles above this level the last time but moved rapidly to $4300 when it did. If BTC shows a power move and ETH also breaks through $3477, the likelihood of a new all time high is very high.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.