If we will see strong retracement in the upcoming days, I'm looking to buy ETH at $935-950.
There is a strong support provided by 0.618 and 0.5 Fibs from two impulses on 4h and 1d timeframes.
Resistance lays around 1425, where two Fibs confluence. This level is also an ATH, so if ETH goes straight up there, there might be a rejection.
There is a strong support provided by 0.618 and 0.5 Fibs from two impulses on 4h and 1d timeframes.
Resistance lays around 1425, where two Fibs confluence. This level is also an ATH, so if ETH goes straight up there, there might be a rejection.