Hay Guys,
This is my idea for ether market against USDT
I try to take a simple technical indicator, the fibonacci retracement.
Both internal retracement I use to make a combination for the biggest cluster area that the price needs to rebound or make a swing low.
1st area is the support area that price needs to retest, but if it fail to rebound, the 2nd area is the next one.
The price going down due to stochastic K&D try to reach oversold area under 20 from overbought area since the first of April.
That's all, hope you take the best choices and thank you.
This is my idea for ether market against USDT
I try to take a simple technical indicator, the fibonacci retracement.
Both internal retracement I use to make a combination for the biggest cluster area that the price needs to rebound or make a swing low.
1st area is the support area that price needs to retest, but if it fail to rebound, the 2nd area is the next one.
The price going down due to stochastic K&D try to reach oversold area under 20 from overbought area since the first of April.
That's all, hope you take the best choices and thank you.