#ETHUSDT bounced right off the $1706 which I called on my previous updates.
That was the golden pocket as per fIB RATIO.
There are two scenarios and both are if you see it as a mid-term signal.
We might get another. opportunity to buy ETH around $1700 that could happen purely on a complete daily rejection of $2k ETH. This is Scenario 2.
Scenario 1 is a breakout above the green zone.
If BTC manages to break and close above the Green box I believe ETH will enter into another positive wave after a long consolidation.
Stock shows signs of rejection in the short term.
Let's see how daily reacts.
What's your thought on this?
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