CRITICAL POINT FOR ETH

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We are seeing lower highs forming, and as we said before (link below), we are reaching a weekly resistance level from the Fibonacci Retracement. That is why, if we break below this rising channel and rising wedge, we should see a continuation further to the downside to our targets:
3100
3000
2900
And even lower

We will update you then.

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What do you think?

Good luck traders,

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Not financial advice
Manage risk and leverage
DYOR


NajjarTrading

Operación cerrada: objetivo alcanzado
First target reached, wait for the confirmation to see a continuation to reach our full target
FibonacciSupport and ResistanceTrend Lines

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