Get started
Burnovski7

ETHUSD: Accumulating around the FIB resistance 0.618

Long
Ethereum (BITSTAMP:ETHUSD)  
Burnovski7  
BITSTAMP:ETHUSD   Ethereum
Support and Resistance Fibonacci Wedge ETHUSD Ethereum (Cryptocurrency)
2
0
supportandresistance fibonacci wedgepattern ethusd ethereum
Ethereum currently facing resistance around the 2500 level as it's coinciding with the 0.618 FIB which is a well know resistance/ support level.

This will be a good medium-term outcome with the current accumulation around these levels, if there is any further correction after another upwards run.

Full Disclosure:
# I own (long) ETHUSD
# This is an observation, not a recommendation to buy/sell.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.