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EuroMotif
Sep 2, 2020 9:43 PM

ETH.usd Near-term Support Resistance: Etherium retrace watch 

Ether / United States DollarCoinbase

Description

So we finally got our significant pull back.
Ether still the most bullish of the big three.
Mapped are some key levels to be watched.

$ 430 - 433 is the "Decision" zone, could visit a few times.
$ 405 - 408 is a Key Support zone, defending 400 psych number.
$ 448 - 450 will be Key Resistance, break above should run again.

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Comment

Behaving as Expected, and bullish.

Progress since Posting time marked with blue vertical
ran into the "Key Resistance", a high tf fib in thick Purple.

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Zoom IN (3 min) for a closer look at the encounter
fib was pierced, not a "Ping" (exact reflection) but pretty darn close.
Would not be surprised by another attempt at that fib

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Comments
PolarHusk
very nice post +
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