thiluxan_s

Ethereum Bull Run Confirmed?

Short
BINANCE:ETHUSD   Ethereum
At .618 Golden Fib Retracement level from previous ATH and got rejected downwards.

Higher trading volume.

About a daily candle close away from a Golden Cross.
Previous golden cross in April 2019 was followed by a nice price dump before it continued its massive bullish cycle.

Buy Zones:
$215 - $230
$200 (If it doesn’t negate the golden cross)
Note: I’d look for the retracement to flirt with the the MA’s and bounce up.

Safe trading, cheers!
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.