ETH possible bottom
ETH price chart analysis on the 3Day time frame.
ETH appears to be completing a 5 wave down:
-I could go long layering in, if the price hits near these levels of -.23 fibonacci extension .
IMPORTANT
If the 3day 13 SMA crosses the 48 SMA up and both turn up, I default back to trend analysis.
I could also add other indicators such as custom buy sell signals and or MACD , Stochastic , RSI , to assist my decisions but this is a simple projection.
None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis' are my personal opinions and observations only!
ETH appears to be completing a 5 wave down:
-I could go long layering in, if the price hits near these levels of -.23 fibonacci extension .
IMPORTANT
If the 3day 13 SMA crosses the 48 SMA up and both turn up, I default back to trend analysis.
I could also add other indicators such as custom buy sell signals and or MACD , Stochastic , RSI , to assist my decisions but this is a simple projection.
None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis' are my personal opinions and observations only!
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