When panic creeps in, zoom out.
ETH on the weekly has lost both the 200MA and the 0.5 Fib.
In my opinion, if the BB center doesn’t hold here, price could retest the 0.618 Fib level a zone it tends to flirt with often.
The $1900 area might become a solid buy zone.
Always take profits and manage risk.
Interaction is welcome.
ETH on the weekly has lost both the 200MA and the 0.5 Fib.
In my opinion, if the BB center doesn’t hold here, price could retest the 0.618 Fib level a zone it tends to flirt with often.
The $1900 area might become a solid buy zone.
Always take profits and manage risk.
Interaction is welcome.
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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.
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.