Crucial moment for Ethereum
Good day everyone! Today I'm going to talk about the special yet crucial moment we all are seeing right now with Ethereum!
As I mentioned yesterday ETH was ripping through every ATH and ready to go further it seemed like and ready to break out of the channel as I showed yesterday. Yesterday I talked about how Ethereum might look for a healthy correction that is very needed in this very extended pump. Today we may be able to confirm whether ETH should go down or continue upwards. The head and shoulder finished but it continues to move sideways maybe consolidating or confirming a new support line at 3100-3300.
So if ETH goes below 3100$ we might correct further going below the 23,6% FIB retracement gives us the next support line back down at 2500-2700 as I illustrated in yesterdays analysis!
Lastly what do you guys think about ETH right now, leave a comment down below, like if you agree and follow if you want to see more ETH charts!
REMEMBER TO ALWAYS TRADE AT YOUR OWN RISK AND I AM NO FINANCIAL ADVISOR.
As I mentioned yesterday ETH was ripping through every ATH and ready to go further it seemed like and ready to break out of the channel as I showed yesterday. Yesterday I talked about how Ethereum might look for a healthy correction that is very needed in this very extended pump. Today we may be able to confirm whether ETH should go down or continue upwards. The head and shoulder finished but it continues to move sideways maybe consolidating or confirming a new support line at 3100-3300.
So if ETH goes below 3100$ we might correct further going below the 23,6% FIB retracement gives us the next support line back down at 2500-2700 as I illustrated in yesterdays analysis!
Lastly what do you guys think about ETH right now, leave a comment down below, like if you agree and follow if you want to see more ETH charts!
REMEMBER TO ALWAYS TRADE AT YOUR OWN RISK AND I AM NO FINANCIAL ADVISOR.
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