ETH may loose a bit on breaking down the 0.5 Fib and going to the 1.0 one
Note
The usual 0.786 got reached and is looking to a rebound missing the 1.0 Fib I will try in depth analysis to figure out what can happenNote
The daily mean MA50 is right below, the MA50 from 1H might keep pressing market down, I don't expect it go up without hitting the daily mean first, but just in case it cross above 1H MA50 expect it to rocket very strong:Trade closed: target reached
ETHBTC touched both daily MA and our on chart 1.618 circle fib
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.