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GroundNinja
Jan 16, 2023 7:49 PM

ETHUSD: Fibonacci Levels Long

Ethereum / U.S. dollarBitstamp

Description

ETH Fibonacci levels on daily suggests upside continuation to previous areas of structure seen in September 2022 & May 2022. Key levels on watch are 0.786 fib value; Validating a 3Bar Play to the upside. Downside scenario are rejections at/or above current price and breach of 0.618 fib level back to lower levels of auction at 0.500 zone of 1280.33// Key Levels: 1459.34, 1516.67, 1678.36, 1714.20 // Price at time of publish 1596.20
Comments
SwallowPremium
Well done. We like your perspective on the market.
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