tommix

Ethereum Resistance at 0.618 fib lvl.

KRAKEN:ETHUSD   Ethereum / U.S. Dollar
Looks like Fib 0.618 level is good indicator for Ethereum resistance. WOuld make sense if we see 1-2 daily candles closed above fib level we might see some bulish moves.
Comment: I think this will be bearish. too much of resistances at single point. Black line is resistance of lower highs, also Fibonacci level.
Because this is USD pair - price depends on BTC price. So of course if BTC go up - eth can be still and will look like it's going up too. That is fake breakout.
I think ETH will drop to 170$ level. For few days maybe even lower.
Comment: If we apply reversed fib. - then it shows some support at 221$
lol and you call TomProTrader a noob atleast he gets 70% right or more!!! really I have traded for years I know a good trader when I see one lol
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tommix Raven276
@Raven276, IM not trader, i do not predict anything. And yes he is noob. Also my chart so far is correct so i don't know what you are so happy about yourself. Im just regular crypto owner, that's it. So far all my predictions was correct. So, you're welcome.
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Raven276 tommix
@tommix, lol if he is noob a dam good one he is. Pretty happy yep I live a good life. How about you
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Any update sir?
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tommix WealthHustler
@WealthHustler, No mister :) This chart still relevant. Not broke fib. resistance. Any way - nobody knows what will happen. SO never trust anyone who say they know future. ALWAYS think bearish this will save money :)
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