ETH Daily Possible Retrace to $3.9k Prior to Continuation Up
ETH daily showing signs of the retrace to 100 MA (3.8k) support prior to continuation upward north of 4.5k.
- TTM Squeeze shows the daily market cycle is still in decline and has yet to hit its bottom.
- ETH will need to flip 4.5k for support in the short term to avoid retrace to as low as 3.8k (100 MA).
- Wave trend showing early repeat signals of a possible repeat of September 17th.
- Bulls can look for a good entry around 4.1k or lower range.
Please DYODD. Blessings!
- TTM Squeeze shows the daily market cycle is still in decline and has yet to hit its bottom.
- ETH will need to flip 4.5k for support in the short term to avoid retrace to as low as 3.8k (100 MA).
- Wave trend showing early repeat signals of a possible repeat of September 17th.
- Bulls can look for a good entry around 4.1k or lower range.
Please DYODD. Blessings!
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