I was looking at ETH on the Daily and notice that price is inside the buy zone as per ProTrader script. As I have seen on many occasions that price manages to touch upper level (the golden line), I am of opinion it might do so this time as well. Since price is below 3194, price has to reach up to trigger a long trade at 3194.
Traders may want to look for retracements on Lower time frames to spot a long trade entry opportunity.
For the curious types, the levels are plotted automatically by ProTrader script and are based on Fibonacci Sequence.
Let's see what happens.
Traders may want to look for retracements on Lower time frames to spot a long trade entry opportunity.
For the curious types, the levels are plotted automatically by ProTrader script and are based on Fibonacci Sequence.
Let's see what happens.
