last night Ethereum drop to fibonacci 0.618 support at $1961 with this price action, bullish continue and perform a new fibonacci pattern with a new symetrical triangle. Opening a long position at symetrical triangle support have 3 target : 1. $2101 at symetrical triangle resistance (intraday setup) 2. $2252 at fibonacci 1.618 projection 3. $2398 at symetrical triangle projection. with this target, ethereum getting closer to our main target at $2529.
Don't forget to like this analysis, If you have any question, do not hesitate to contact me Your support at this analysis will also support ETHUSD to reach bullish target Click here to check my other analysis
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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.