The technical analysis doesn't matter a lot in this case. That video was explaining only but it looks very optimistic to see that a technical analysis is predicting a big movement on the ethereum price while the fact said the different thing when the fundamental of ethereum will be the main reason that can affect the price of ethereum. Remember there was also another factor like bitcoin that was giving a huge impact to the price of ethereum too. Basically, in crypto is really different when you are using binary or forex.