Hello all. Etherium is taking a dip as predicted in my previous analysis. The buying levels still stay the same and look even more realistic as we are seeing this correction. Etherium looks very strong despite the drop as we remain in the RSI over sold territory, and as of today still above previous ATH.
The 50% trade plan is demonstrated on the chart above and is as follows:
Entry at fib gold levels at around $3500 at the ascending line of support after confirmation that the drop is over.
The short term target for this trade will be at $5400, the top of the ascending line of resistance.
Thanks for reading, and let me know what you want to see next in the comment below. Enjoy.
The 50% trade plan is demonstrated on the chart above and is as follows:
Entry at fib gold levels at around $3500 at the ascending line of support after confirmation that the drop is over.
The short term target for this trade will be at $5400, the top of the ascending line of resistance.
Thanks for reading, and let me know what you want to see next in the comment below. Enjoy.