Here we can see Etherium (ETH) is resting upon some solid horizontal and Fibonacci support levels. It's oversold and showing bullish momentum divergence on larger timeframes.
In the most recent past under under similar conditions ETH experienced gains of 66%, 430%, 73%, and 30%. This looks like a strong entry point for investors or positional traders.
This analysis is for educational purposes only and is not meant to be interpreted as financial or trading advice in any way. Please perform your own analysis and make your own independent decisions!
In the most recent past under under similar conditions ETH experienced gains of 66%, 430%, 73%, and 30%. This looks like a strong entry point for investors or positional traders.
This analysis is for educational purposes only and is not meant to be interpreted as financial or trading advice in any way. Please perform your own analysis and make your own independent decisions!