Get started
Paul_Wankmueller

Apr 22’ CME ETH Futures Hits Fib Level!

Long
Ethereum Futures (CME:ETH1!)  
Paul_Wankmueller  
CME:ETH1!   Ethereum Futures
Trend Analysis Support and Resistance
4
0
trendanalysis supportandresistance
The Apr 22’ CME ETH Futures contract is currently hovering at the 50% Fibonacci Retracement (Drawn from the Nov 17, 21’ high of 4920 – Jan 24th 22’ low of 2160)

This is an area of resistance. If Cleared the .618 retracement of 3868 would be the next logical level for ETH to trade.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.