According to the previous tops we have for Ethereum on big time frames, we have a strong & long-term trend-line which gives us $7000 in summer and $8000 in October time.
On the other hand the 161.8% Fibonacci from the previous top the bottom we just saw (about $1500 ) is at $8000 .
Is this a coincident?! I don't think so
On the other hand the 161.8% Fibonacci from the previous top the bottom we just saw (about $1500 ) is at $8000 .
Is this a coincident?! I don't think so
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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.