ETH may retest bottom fib level again

COINBASE:ETHUSD   Ethereum / U.S. Dollar
ETH was looking like it had a good start today. My opinion as of now with the current scenario is that it will drop below both the 10 and 20 day EMA's towards the 0 fib level. I will watch it closely and if it drops below the EMA's significantly, I will most likely set a buy order slightly above the 0 fib level depending on indicators such as MACD and STOCH/RSI. RSI is currently showing overbought on the 1 hour chart which is leading me to believe that if it drops below the current fib level that it is hugging, it will drop significantly which may offer a good buy opportunity.
Currently testing the EMA's, looking like a drop to the 0 fib line is more likely than using the EMA's as support.
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out