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.
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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!
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📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 7,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 7,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
Related publications
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.