ETHEREUM UPDATE

3 thg 4, 2021

ETHEREUM UPDATE after ETH recent massive bullish impulse a move we capitalised on just closed a little early. Price broke to a new ATH and above all resistance... now what we are seeing is as exactly as we expect a nice correction, specifically we would like to see a correction to around 0.385-0.50 fibonacci which in this case is aligning perfectly with the previous resistance which will now act as support.
We will be waiting for the daily correction to this zone then dropping down to 4hr timeframe and possibly taking a big long if our entry rules are met - Target for ETH is 2600.