Ethereum Fibonacci Moving Averages

Notable levels for ETH/USD fibSMA987(green step line) & fibSMA610(purple step line) 1 day chart:

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Comment:

ETH 1 day chart levels:
fibSMA610 = $2420
top = $2382
R3 = $2283
R2 = $2184
R1 = $2085
pivot = $1985
S1 = $1886
S2 = $1787
S3 = $1687
bottom = $1588
fibSMA987 = $1579
So a possible long strategy is to place buy limit bracket orders at the lower levels.

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One of the most routine intraday crypto patterns 7-9pm EST dip.

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Indicators signals mixed on multiple time frames. So I capital risk management off until there's more clarity.

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My current thesis is a bullish falling wedge pattern or something that still has more downside risk from lack of liquidity capitulation. It's close to either way currently. lol

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All depends on the time frame what I see. Also appears to be the completion of head and shoulders pattern on the 1 year view. Hmm. Just not sure what to think exactly. I do believe either way, getting close to less downside risk with more upside reward for investors time frame. But I'm a trader. So ehh.

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Could be a bear flag on the 1 week view 🤣

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Totally out now back on sidelines, nice 3 day green ride especially yesterday. I could easily be wrong, but waiting for a pullback to get back on board again. Good luck everyone. I hope it keeps going up for y'all.

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ETH 1 day chart levels:

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ETH looks like a mini head and shoulders pattern completing May 27th to date.

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ETH 1 day chart 6/3 update:

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ETH 4hr chart:

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I'll buy a small amount ETH here

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Saw this coming after yesterday's 1 day chart piRsi bearish cross. ETH $1450 is make it or break it.

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There's a scalp trade to be made today. That's about all with the short term indicator group.

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11am & 5pm EST is the general Saturday bull patterns.

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Would be great to get ETH $1500

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ETH looking ugly but had to jump back in buy a piece

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ETH long for 12hrs before futures 6pm

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ETH $1300 long entry

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ETH 1275

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ETH $1200

Trade active:

Buy ETH $1110

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buy ETH $1050

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Almost at $999