Ethereum has been consolidating the past month after the initial pump. After this sideways movement on the weekly time frame it’s safe to expect a large movement sooner rather than later.
ETH looks ready to make a move towards the yellow overall fib at 2,000
Once 2,000 is met. All eyes will be on the red box of resistance(which was support in the past). The red box of resistance is between 2,450 and 2,500. When these levels are met this will be a huge point to either go for all time highs or to get rejected and create a lower low.
Trade safe.
What’s everyone think?
ETH looks ready to make a move towards the yellow overall fib at 2,000
Once 2,000 is met. All eyes will be on the red box of resistance(which was support in the past). The red box of resistance is between 2,450 and 2,500. When these levels are met this will be a huge point to either go for all time highs or to get rejected and create a lower low.
Trade safe.
What’s everyone think?