DU09

ETH/USD - Correcting to support, watch closely

BINANCE:ETHUSDT   Ethereum / TetherUS
ETH made a beautiful touch of the Fib 38.2% level yesterday with a nice wick that was quickly bought by bulls and now we established a lower high at 1.1k. We are descending now along the resistance line and we are likely to establish a clear support level around $1k.

Mind you, watch BTC to set the direction and see my previous ideas on that liked below. I would be very concerned if we break below $900 as that would indicate this correction will be longer than expected.

Hold on any trades until we have a break of support or resistance.

Like and follow!

📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰

🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha

Likes and follows appreciated! 🚀
Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.