DescryptoAdri

Where is ETH in its Fibb retracement now?

Long
COINBASE:ETHUSD   Ethereum
Based on its past bull/bear cycle, ETHUSDT has reached its bottom for a while now. I do not like to push bear or bull narratives, but just taking the fibb levels into consideration we're at a good place to buy if you plan to hold on to it for the long term.
What I'm planning to do is to buy a bit around current price and leave some dry powder ready if it falls back to the lower fibb band.

What are you all doing at this moment? Have we seen the bottom already? Is it yet to come?


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.