[Fibonacci Retracements] ETH is at the crucial point.
Hello,
The price of the BTCUSDT & ETHUSDT has risen quite much.
Especially, ETHUSDT is at the very crucial point for the next steps, based on the Fibo retracements.
If the price breaks up the 0.236 level ($1860) & supported by that level, it will reach zero level (around $204) easily. Then it may form a sort of huge W-lettered bullish pattern leading to the new ATH.
Otherwise, the correction or accumulation would be made & they will retest ETHUSDT price from 0.786 ($1435.27) to the 1 level (around $1269).
Many signs & patterns are showing bullish moods, however, the correction will be quite harsh if the price can't break up 0.236 level ($1860) asap.
Thank you.
The price of the BTCUSDT & ETHUSDT has risen quite much.
Especially, ETHUSDT is at the very crucial point for the next steps, based on the Fibo retracements.
If the price breaks up the 0.236 level ($1860) & supported by that level, it will reach zero level (around $204) easily. Then it may form a sort of huge W-lettered bullish pattern leading to the new ATH.
Otherwise, the correction or accumulation would be made & they will retest ETHUSDT price from 0.786 ($1435.27) to the 1 level (around $1269).
Many signs & patterns are showing bullish moods, however, the correction will be quite harsh if the price can't break up 0.236 level ($1860) asap.
Thank you.