ETH: Retest 0.618 Fib Level

2019年3月11日

Currently there is a bearish engulfing candle on the daily ETH chart. This In addition to the decrease in volume and the upcoming cross in the stochastic RSI; makes It is very likely that ETH will trend down to retest the 0.618 Fib level

Thanks for reading!
If You like this TA please hit the LIKE button!
Also, leave a comment with Your thoughts and feedback!

*This information is not trading advice and is to be used for educational purposes only!

2019年3月11日

註釋

Over the last couple of months it has been seen that ETH is clearly following in the steps of BTC. Making it a great hedge against BTC to short.

2019年3月13日

註釋

There is still a bit of bullish momentum on the 2 hr, but the over all trend is still bearish as can be seen in the 4 hr and daily charts. We can expect that our target will be reached at any time.

2019年3月25日

註釋

A couple of days late but. Unfortunately ETH had a move upward and not toward the 0.618 level. However, ETH has reversed and is now testing the support zone (shown as dotted line) if this line is broken we my still retest the 0.618 level in the neat future.