Ethereum / Tether USD
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ETH NEXT MOVE

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We saw ETH break below our weekly support, then hit our 1.7k target which is in confluence with the golden ratio of the Fibonacci Retracement. If we close below it, we should see a continuation to our next support 1.4k and then 1.2k and 1k.

All these move will be scene if we see BTC dropping below 27k to our targets 25k-24k and then 20k.

On the other hand, if we bounce from the 61.8%, we can go easily back to 2k and more.

We will update you as always.

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What do you think?

Good luck traders,


Not financial advice
Manage risk and leverage
DYOR


NajjarTrading
FibonacciSupport and ResistanceTrend Lines

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