Load Up Your Ethereum Bags 2021 Still Early To the Party.
Ethereum has been slowly boiling on its course to re-test new all time highs and it is still a great time to invest in Ethereum.
Within the past week we have seen a solid support level of around $980 but has traded to as low as $880. As of today now we see Ethereum hugging the 0.786 on the Fibonacci Retracement steadily hovering at $1050 and strongly supported. We have major resistance for Ethereum at around $1350 before we can start the charge on testing those all time high levels of around $1420.
If you believe in Ethereum this bull cycle then this is still a great time to accumulate and load up your Ethereum bags at these levels before we test new all time highs.
Bearish case scenario is alt-coins start dumping and we see Ethereum drop below $880 heading to the 0.618 on the Fibonacci Retracement putting us at around $750.
Bullish case scenario is that we continue to consolidate at these levels $980 - $1100 and start climbing towards new all time highs.
Cheers! Safe Trading and Investing.
Within the past week we have seen a solid support level of around $980 but has traded to as low as $880. As of today now we see Ethereum hugging the 0.786 on the Fibonacci Retracement steadily hovering at $1050 and strongly supported. We have major resistance for Ethereum at around $1350 before we can start the charge on testing those all time high levels of around $1420.
If you believe in Ethereum this bull cycle then this is still a great time to accumulate and load up your Ethereum bags at these levels before we test new all time highs.
Bearish case scenario is alt-coins start dumping and we see Ethereum drop below $880 heading to the 0.618 on the Fibonacci Retracement putting us at around $750.
Bullish case scenario is that we continue to consolidate at these levels $980 - $1100 and start climbing towards new all time highs.
Cheers! Safe Trading and Investing.