For the past 36 hours ETH has been sitting on the 0.618 level.
Given the current state of geopolitical affairs I am not looking at the 1 day chart for an entry. I am sticking to the 4 hour.
Confirmation in volume and a clean solid push above 2990 and I will be getting into a long trade.
Hopeful entry: 2995
Targets: 3280 / 3420 / 3700 / 3990
Stop loss: 2860
Risk:Reward ratio is 1:8
If one does get into a trade today, I cannot stress how important it is for you to keep checking the charts and monitoring your trade.
At this moment I am neutral on taking a trade - please DYOR! This is not financial advice.