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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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.