ETH weekly candle looks incredibly strong!
It may have reached a critical point (fib 0.50) for a pullback.
The 1D candle imay be the start of this pullback.
In the 1D, stochastic and RSI showing LL, LH and has fallen below the 55 EMA (green curve).
Support around $956 which could be a bounce off EMA 55 in the 1D .
Let's see how this plays.
It may have reached a critical point (fib 0.50) for a pullback.
The 1D candle imay be the start of this pullback.
In the 1D, stochastic and RSI showing LL, LH and has fallen below the 55 EMA (green curve).
Support around $956 which could be a bounce off EMA 55 in the 1D .
Let's see how this plays.