ETHUSD is attempting to cross the critically important 61%-65% Fib Retracement level (dark zone in chart). After which it needs to bounce off strongly and stay above this level.
To get in wait for dips to support levels, wait for a good bounce before getting in. I have another chart that has some interesting support levels you can use. Take note that in the long-term, ETHUSD is trending along different levels of the major long-term ascending channel, if you are looking to get in, be patient and wait for the price to first bounce off any one of these mini ascending channel bottom lines.
Please do your own analysis as well. Nothing is 100%. Trade safe, trade what you can afford.
To get in wait for dips to support levels, wait for a good bounce before getting in. I have another chart that has some interesting support levels you can use. Take note that in the long-term, ETHUSD is trending along different levels of the major long-term ascending channel, if you are looking to get in, be patient and wait for the price to first bounce off any one of these mini ascending channel bottom lines.
Please do your own analysis as well. Nothing is 100%. Trade safe, trade what you can afford.
Comment:
ETHUSD still stuck in the pocket but keeping above 61.8% fib level.
