Eth/Usd broke out of its triangle and is heading for a retest before moving up to my fib levels. The 3.168 fib level has a price of 4900 and I expect ethereum to keep its momentum after a retest of the current support levels.
The reason I am using fib levels is there is no clear and accurate way to predict price movement as we are in unforseen territory.
Tp 1: 4900
TP 2: 5600
The reason I am using fib levels is there is no clear and accurate way to predict price movement as we are in unforseen territory.
Tp 1: 4900
TP 2: 5600
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.