We all love a good parabolic pump. But eventually that small universal pullback called gravity will manifest itself on the chart as well.
For now the parabola on ETH price action is intact, but once that pink like is broken, expect a retrace.
Key levels are on the chart in line with Fibonacci.
The daily RSI is overbought and the MACD histogram is turning a bit flat. Wait for Monday at this point.
Do not FOMO here.
Bias remains bullish even if ETH drops lower from this level. A healthy pullback would be welcomed to create a good foundation for higher highs later.
Don't forget to smash that like and follow buttons.
For now the parabola on ETH price action is intact, but once that pink like is broken, expect a retrace.
Key levels are on the chart in line with Fibonacci.
The daily RSI is overbought and the MACD histogram is turning a bit flat. Wait for Monday at this point.
Do not FOMO here.
Bias remains bullish even if ETH drops lower from this level. A healthy pullback would be welcomed to create a good foundation for higher highs later.
Don't forget to smash that like and follow buttons.
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