ETH broke above the daily resistance at 2278 (mentioned in my last ETH update) which was rejected a couple of days ago.
Now, we hit the 0.618 of the fib extension and ETH is pulling back.
Next target is the POC at 2560 which is in confluence with the 1 of the fib extension
However, if we break below the daily at 2096, we would turn bearish and expect lower.
Any questions?
Good luck traders
Remember not to break your rules
Habib
Now, we hit the 0.618 of the fib extension and ETH is pulling back.
Next target is the POC at 2560 which is in confluence with the 1 of the fib extension
However, if we break below the daily at 2096, we would turn bearish and expect lower.
Any questions?
Good luck traders
Remember not to break your rules
Habib
