Using Fib retracement, trend analysis and chart pattern on 1hr, 4hrs , showing that the same waves with the same pattern might be repeated, we have a support line holding up a double bottom then we need a bullish engulfing candle 4hrs, breakthrough the 0.618 fib to make the same pattern, within 36hrs ETH should be back above 2500
Trade closed: target reached
Next target is: 2975Trade closed: target reached
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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.