EthereumShort
my analysis ETH/USD
I believe ETHUSD will retest again 38.2 or 50% fibo support. and it should hold to that level.
last level will be 61.8fibo. if it closes below 61.8 fibo(daily timeframe), expect the trend to reverse.
reason:
1.MACD signal to sell
2. candle forming lower high
3. low volume
4. RSI starting to move low.
last level will be 61.8fibo. if it closes below 61.8 fibo(daily timeframe), expect the trend to reverse.
reason:
1.MACD signal to sell
2. candle forming lower high
3. low volume
4. RSI starting to move low.
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