Rajesh_Ramchandani_Delta

Ethereum at intersection of 2 channels

Long
COINBASE:ETHUSD   Ethereum
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.

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