ETH more correction
#ETHUSDT
ETH is in correction wave, now price is trading in support zone that in lower time frames we can see that RSI is in over sold zone, so possible price go up to descending resistance line and touch it is 0.618 fib level of swing down.
from this zone if bulls success to bring the price above the descending resistance we may see more increase.
but possibly price will have another leg down to support zone around $3700 that is the same with 0.5 fib level of last swing high.
ETH is in correction wave, now price is trading in support zone that in lower time frames we can see that RSI is in over sold zone, so possible price go up to descending resistance line and touch it is 0.618 fib level of swing down.from this zone if bulls success to bring the price above the descending resistance we may see more increase.
but possibly price will have another leg down to support zone around $3700 that is the same with 0.5 fib level of last swing high.
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