ETH possibly going lower then 3.5K?
If ETH/USD brakes the Fibonacci Retracement support of 1 - right at about $3499 - it could go as low as $2971, considering the 1 hour chart and that the Bollinger Band is in a downtrend. If you go to the daily chart you will see a big curve pointing down. I guess this week will be an interesting one to find that out.
I would see this as an opportunity to buy at a huge discount, if such a thing happens.
Any thoughts?
I would see this as an opportunity to buy at a huge discount, if such a thing happens.
Any thoughts?
Disclaimer
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.