It appears that #Ethereum is on the verge of its next major bullish leg.
The 3 day 237 SMA has acted as a key structural resistance, and #ETHBTC has now completed its retracement into the 0.618 Fibonacci zone a level I consider the end of the corrective phase.
A clean breakout above the 237 SMA would likely open the path toward the 0.06 channel, where the next macro resistance cluster resides.
The 3 day 237 SMA has acted as a key structural resistance, and #ETHBTC has now completed its retracement into the 0.618 Fibonacci zone a level I consider the end of the corrective phase.
A clean breakout above the 237 SMA would likely open the path toward the 0.06 channel, where the next macro resistance cluster resides.
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.