Hello friends.
after 1 week Rally , Etherum Reach its important resistance level , Near 1700.
i see a reaction to Trendline , pink line i drawn on the chart.
also MA200 is here too...
so i think ETH will fall to at least 1450 , where there are 1450 support level
and 50% fibonacci retracement level.
if the situation is permanent , Price will bounce from this level approch 1700 again.
hope have good investments and trades.
dont forget to have a Stoploss and control your risks.
GOOD LUCK.
after 1 week Rally , Etherum Reach its important resistance level , Near 1700.
i see a reaction to Trendline , pink line i drawn on the chart.
also MA200 is here too...
so i think ETH will fall to at least 1450 , where there are 1450 support level
and 50% fibonacci retracement level.
if the situation is permanent , Price will bounce from this level approch 1700 again.
hope have good investments and trades.
dont forget to have a Stoploss and control your risks.
GOOD LUCK.
Comment:
After ETH 2.0 Upgrade and network migration to POS , Etherum lost about 500$ of its value and last 1 week increase at all.now time for Correction and rest...