DLavrov

Ethereum Entry Levels

Long
BITFINEX:ETHUSD   Ethereum
For opening long trades we have to wait for a correction wave. Fibo Retracement tool can give us good entry level for our trades. I like 38,2%, 50% and 61.8% levels which are more reliable. Also price reversal from these levels should be confirmed by RSI, candlestick patterns. Only after that we'll be able to open long trades and join to the up trend.

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