Watching Ethereum closely as it retraces from the recent high at the green zone. The current pullback has brought price action back into the golden pocket (red lines), a key area for potential support. If buyers step in, we might see a reversal from here, but if this pocket fails to hold, we could see further downside. Stay sharp! 🚨 #ETH #CryptoAnalysis...
It is impossible to predict what exactly the price will do. So as far as predictions go, this isn't one. However, if we break through this HTF trendline, we may be going quite a bit higher, on the other hand, going lower is not necessarily bearish, but rather just another buying opportunity for the long run!
Very long term golden fib ratio and 200 weekly EMA approaching. This is a very strong level of support and may be a good area to be looking for longs!
Over the last few days we’ve seen large drops on almost all cryptos, could this be the end and will we (hopefully) see some nice 🚀‘S soon?!? Let’s hope so