CryptoCurrencyAlerts

ETH at key daily area. Will it break up?

COINBASE:ETHUSD   Ethereum
Finding ETH in a key area. Previous play shows a retracement support found but it has also stopped dead in the resistance zone of the FIB on the 0.618 which could be a sticking point.

Don't be shocked to see a further downturn here. Personally we say wait as this has already bounced high and on higher timeframes not enough confirmations yet to state it will continue.

Will do a further update tomorrow on the 4 hour.

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