JohnRckr

Are we out of the woods yet?

Long
BINANCE:ETHBUSD   None
I am not a financial advisor, this Idea is purely informative and should not be viewed by anyone.

1D Chart.

Stochastic Oscillator got crossed yesterday and RSI seem to bounce from 36.5
Are we out of the woods yet? I think we have to wait for next 1D candle to form which will give is more insight into potential movement. We made great use of 0.786 Fib for support so lets hope it will stay strong in case of fall again.

In case of moving up the first major resistance after hitting 3k$ is 3150.
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