EthereumShort
Rejections at the 0.618 and 0.50 suggest lower on ETHUSD
I've written several ideas now about BTCUSD and ETHUSD going lower. But this time, I want to take a shorter timefraem (the 4-hour) to show how the latest Fib retrace suggests lower on ETHUSD. To see how, look at how price first rejected the 0.618 of the latest swing, and now rejects the 0.50. Both failures suggest lower - in the near-term around $148.50.
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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.