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ETH has formed the same downward channel and has fallen to the exact 0.886 fib level as BTC with the same long lower shadow small body candle in development on the 4H. The support came from the Gold support/resistance zone, the down sloping channel as well as the fib level. We still have 55 more minutes for this candle development! Getting over the 0.618 and holding that would be a great sign! $225 and above as the potential here. Look for resistance along the way at $215 and $219. Look for immediate support to hold at this range at the 0.886!
Hello all and happy Monday!
I hope you all are doing well!
Leave a like and comment!
I hope you all are doing well!
Leave a like and comment!
ETH has formed the same downward channel and has fallen to the exact 0.886 fib level as BTC with the same long lower shadow small body candle in development on the 4H. The support came from the Gold support/resistance zone, the down sloping channel as well as the fib level. We still have 55 more minutes for this candle development! Getting over the 0.618 and holding that would be a great sign! $225 and above as the potential here. Look for resistance along the way at $215 and $219. Look for immediate support to hold at this range at the 0.886!
Hello all and happy Monday!
I hope you all are doing well!
Leave a like and comment!