ETH/USDT (Retest Previous Daily Resistance)

💎Technical Analysis Summary💎


BINANCE: ETHUSDT

-As we all know if Bitcoin failed. everyone will follow
-That's why no matter how good your analysis is
-Its accuracy will decrease because the money will follow BTC's drop
-How to minimize the risk involved?
-Always follow your trading plan and have a solid risk management
-If one bad trade is hurting you, then you are doing it wrong
-ETH is testing the previous resistance area and a confluence of 0.5 Fib
-This would be a good potential support zone
-But as long as there is no confirmation of reversal in the shorter time frames
-The potential support zone is still not valid
-Be patient and let the market cool off from selling




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