ETH, back to 4000 soon?
Hello everyone,
considering the recent strong movement in ETH, I expect the bullish trend to continue towards 4000 within the next weeks. The green area (0,5 - 0,681 fib) should provide good support for new long positions.
Only a break below approx. 2800 would indicate a more bearish sight of the market.
considering the recent strong movement in ETH, I expect the bullish trend to continue towards 4000 within the next weeks. The green area (0,5 - 0,681 fib) should provide good support for new long positions.
Only a break below approx. 2800 would indicate a more bearish sight of the market.
Note
Unfortunately ETH is underperforming BTC. The most important level to decide if ETH can also start a major rally will be 3600. That's why I think that this level will be tested, even if it is corrective price action.
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