ETH Bouncing at 23.6 Fib Possible Down to 740 at 38.2 Fib level?
ETHUSDT
>ETH is currently making a huge wicks, which seems like a support at 0.236 Fib Level from 628 to 810 Price range. >But also "not" making a higher highs on 1hr chart. >A correction to 740 or 38.2% Fib level could be another possibility before it makes another run after this weekend. >A 2hr candle stick below 767 may confirm this possibility >A candle stick that stays above the black dashed line (783) may abort this possibility and may continue to push the price up to 810 again or even higher. >This are only for short term possibilities, check out my last chart where I published my long term view.
*Reminder >Please be always cautious of your entry and exit trades since ETH most of the time moves almost the same with BTC -0.92% -1.54%
**Disclaimer; >This is just my 6th TA, still a novice work and definitely not a financial advice.
**Comments and constructive criticism will be fully appreciated so I can improve more with my TAs. Thanks for checking my work!
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