If you see the ETH/USDT pair on daily time frame, you will observe the support at 55EMA and 23.60% retrenchment from last high.
Same support level has been observed on 9th Feb 2020.
Its a reversal sign but you need to observe this on smaller time frame like 1hr, You will find the channel which has resistance at 231 to 233 level.
Same support level has been observed on 9th Feb 2020.
Its a reversal sign but you need to observe this on smaller time frame like 1hr, You will find the channel which has resistance at 231 to 233 level.
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