Ethereum is currently at the intersection point of two Fibonacci channels.
a) 50% Fibonacci retracement level (Sep 2021 Lows to Nov 2021 Highs)
b) Fibonacci channel formed from the lows of July 2021
Intersection of two channels makes the support point further strong.
a) 50% Fibonacci retracement level (Sep 2021 Lows to Nov 2021 Highs)
b) Fibonacci channel formed from the lows of July 2021
Intersection of two channels makes the support point further strong.