Eth retrace fib level a little higher?
In my previous chart, I thought this will visit 618 fib (around 0.03) and then turn south.
But having another look into it, 764 fib also is a plausible retrace target, for the following reasons:
1- it's not as overbought as I'd expect it to be. it's not even above 70. Also RSI looks like it's gonna make a new high.
2- the fact that the tip of rising wedge intersecting with the 764 fib is just too tempting.
3- overall sentiment has been bullish as far as I observe.
I think this'll visit 0.033 before going down.
But having another look into it, 764 fib also is a plausible retrace target, for the following reasons:
1- it's not as overbought as I'd expect it to be. it's not even above 70. Also RSI looks like it's gonna make a new high.
2- the fact that the tip of rising wedge intersecting with the 764 fib is just too tempting.
3- overall sentiment has been bullish as far as I observe.
I think this'll visit 0.033 before going down.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.