Hi, welcome to my analysis. In this chart I will discuss about bullish potential at ethereum.
As we know, ETH perform bearish correction wave from 03 Aprl. But we have a good news here, ETH almost reach channel up support (at 2843) to end bearish, and also we have fibonacci support zone around 3038.36 to 2903.65, all of that point I draw as BUY ZONE.
If ETH success hold bearish movement at that point, we have two bullish target :
1. at resistance level (3874.45) and also as fibonacci -0.256 AKA fibonacci 1.414 at 3874.45
2. any price at channel up resistance
Good luck.
If you have any opinion about this chart, share it at comment.
As we know, ETH perform bearish correction wave from 03 Aprl. But we have a good news here, ETH almost reach channel up support (at 2843) to end bearish, and also we have fibonacci support zone around 3038.36 to 2903.65, all of that point I draw as BUY ZONE.
If ETH success hold bearish movement at that point, we have two bullish target :
1. at resistance level (3874.45) and also as fibonacci -0.256 AKA fibonacci 1.414 at 3874.45
2. any price at channel up resistance
Good luck.
If you have any opinion about this chart, share it at comment.
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