Hello traders,
Fibonacci can be very powerful to find entries and exits. Ethereum has been sold off massively and now stopped at the 78 fib from the last big movement (100$ to 4600$)
This is basically the last level of an entry before it will fall down towards the previous bottom around from 2019. ethereum is in a Short or mid term support. Trading can be risky now, so be careful.
Fibonacci can be very powerful to find entries and exits. Ethereum has been sold off massively and now stopped at the 78 fib from the last big movement (100$ to 4600$)
This is basically the last level of an entry before it will fall down towards the previous bottom around from 2019. ethereum is in a Short or mid term support. Trading can be risky now, so be careful.