ETH has had a great couple of days (to say the least!), but there should definitely be a little but of cooling off in the next few moving forward.
As you can see, it is clearly testing the top Fib levels, and while a sideways movement is possible, there doesn't seem to be enough upside for a open trade.
It is often the case that if you miss a huge run, a FOMO trade is the worst possible thing you could do.
Likely best to stay hesitant and wait for the cool-down.
As you can see, it is clearly testing the top Fib levels, and while a sideways movement is possible, there doesn't seem to be enough upside for a open trade.
It is often the case that if you miss a huge run, a FOMO trade is the worst possible thing you could do.
Likely best to stay hesitant and wait for the cool-down.
Comment:
As predicted, ETH moved down from the top Fib levels, now resting firmly in the blue zone of the FIB chart.