ðē Ethereum Last Attempt at Growth
ðē Nearest strong support zone: around the fibo 0.5 level of the downward wave.
ðē Nearest strong resistance zone: around recent highs.
ðē Technical environment:
ð Moving averages: Uptrend
ð MACD: Downtrend
ð RSI: 50/50
ðē Price action: ethereum tried the uptrends again but they were very quickly pulled down again near the last accumulation, my opinion on ethereum remains unchanged, I still think that as in the whole crypto market we are in for a downward correction before further increases.
ð The scenario I am playing out is a continuation of the declines. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
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