ETH/BTC
ETH found support at 0.786 Fib level and trading history from Aug to Sep activity. We saw a 7% pump from bottom today,
I would expect ETH to pump 1 more to retest the downward trend-line of resistance before pulling back and potentially form a new Higher Low.
Bearish side if ETH sharply drops to 17300 sats and closes below it with engulfing candle. I'm short term bullish until a retest of immediate resistance.
ETH found support at 0.786 Fib level and trading history from Aug to Sep activity. We saw a 7% pump from bottom today,
I would expect ETH to pump 1 more to retest the downward trend-line of resistance before pulling back and potentially form a new Higher Low.
Bearish side if ETH sharply drops to 17300 sats and closes below it with engulfing candle. I'm short term bullish until a retest of immediate resistance.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.