ETHEUR finding resistance to retest ATH
Updated
Bearish resistance @ 629 but overall bull scenario.
Not enough volume but RSI14 has enough place for a push.
It can slowly reach ATH and bounce back to establish in the 0.236 FIB range
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Another try scenario for resistance level.
Be aware of the BTC pairs to check for BTC dump. If BTC goes deep ETH might break through ATH.
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Next try, here it goes. RSI14 and Stoch looking good.
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After a retracement through 2 FIB bars to reach 50%, ETHEUR now bouncing back.
Long window according to Stoch
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ETHEUR went through 0.236 FIB retracement and found support @ 0.38 FIB (542).
Downtrend confirmed but support looks good. Let's see if it finally corrects to 50%.
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