ETH/USDT is in a clear downtrend process. At the moment, this asset is within a bearish triangle, precisely in support of the Fibonacci retracement level. It is also below EMA 20 and testing to support EMA 100 on a daily basis.
If this EMA 100 support and the 0.38 Fibonacci level and a crossover of EMAS 20 and 100 (death cross) occurs in the next few days, we can see ETH testing the 0.618 retracement level in the next few days.
This is just my observation, not financial advice.
Always do your own research.
If this EMA 100 support and the 0.38 Fibonacci level and a crossover of EMAS 20 and 100 (death cross) occurs in the next few days, we can see ETH testing the 0.618 retracement level in the next few days.
This is just my observation, not financial advice.
Always do your own research.