ETH has experienced a significant price increase over the past month, and it appears that a correction is long overdue. It seems that sellers are now pushing the price towards the correction. My preferred buying area for ETH is within the green box, which aligns with FIB and a support line at $3360.Note
So far, we're on track to hit the bottom of the ABC correction wave to my target box in green.
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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.