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ETH Fibonacci Level Break

Oleh StevoMoe
  • Ethereum has finally broken through this significant Fibonacci Level on the Weekly chart
  • I think we should blow through resistance up the the 2.7k range (2nd Fib Extension) before we see real pullback. Maybe even higher.
  • ETH has been very conservative over the last couple weeks despite the rest of the market beginning to take off. I think this was great and will give ETH lots of fuel for us to blast off


Let me know what you think.
blastoffETHETHUSDextensionfibonacciFibonacciFibonacci ExtensionFundamental Analysisuptrend
StevoMoe
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