Technical Analysis
1. Fibbonacci Retracement Completed at on 24 March 2021
2. Market impulse up from 24 March 2021 - 3 April 2021
3. Sideways movement (Consolidation) in progress expect a huge movement soon
4. Market is expected to hit 2500 - 2600 which is at Fibbonacci Expansion level of 1.618 (Golden Zone of expansion take profit)
ETH Market Update
The market retraced to 0.618 Golden Zone (Which I have given the signal to buy there)
Now with Fibbonacci Expansion, we can look to see the market potentially hitting 1.618 by Mid May. The market will potentially drop back down to structure level of $2000 creating consolidation sideways of a flag or pennant pattern before completing the Flagpole up to hit 1.618 level at market price of 2580-2600USD
1. Fibbonacci Retracement Completed at on 24 March 2021
2. Market impulse up from 24 March 2021 - 3 April 2021
3. Sideways movement (Consolidation) in progress expect a huge movement soon
4. Market is expected to hit 2500 - 2600 which is at Fibbonacci Expansion level of 1.618 (Golden Zone of expansion take profit)
ETH Market Update
The market retraced to 0.618 Golden Zone (Which I have given the signal to buy there)
Now with Fibbonacci Expansion, we can look to see the market potentially hitting 1.618 by Mid May. The market will potentially drop back down to structure level of $2000 creating consolidation sideways of a flag or pennant pattern before completing the Flagpole up to hit 1.618 level at market price of 2580-2600USD
Trade closed: target reached