When panic creeps in, zoom out.
ETH on the weekly has lost both the 200MA and the 0.5 Fib.
In my opinion, if the BB center doesn’t hold here, price could retest the 0.618 Fib level a zone it tends to flirt with often.
The $1900 area might become a solid buy zone.
Always take profits and manage risk.
Interaction is welcome.
ETH on the weekly has lost both the 200MA and the 0.5 Fib.
In my opinion, if the BB center doesn’t hold here, price could retest the 0.618 Fib level a zone it tends to flirt with often.
The $1900 area might become a solid buy zone.
Always take profits and manage risk.
Interaction is welcome.
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