ETHUSDT| Another takeaway before correction
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Ethereum also reacted with strong growth, as did Bitcoin, up 32% in almost a week
Let's go over the technical side and talk about strong levels.
At the moment, ETH is testing the mirror level, this can be seen if you pay attention to the 0.236 ($1510) Fibonacci level, if we see further consolidation above this level, then this can be attributed to a bullish sign.
You can also consider an option with a quick upward movement (squeeze) above the $1605 zone to collect liquidity and then go down to the previous support zones (gray lines on the chart)
So be careful, we can still see a short-term takeaway and then go for a correction.
Ethereum also reacted with strong growth, as did Bitcoin, up 32% in almost a week
Let's go over the technical side and talk about strong levels.
At the moment, ETH is testing the mirror level, this can be seen if you pay attention to the 0.236 ($1510) Fibonacci level, if we see further consolidation above this level, then this can be attributed to a bullish sign.
You can also consider an option with a quick upward movement (squeeze) above the $1605 zone to collect liquidity and then go down to the previous support zones (gray lines on the chart)
So be careful, we can still see a short-term takeaway and then go for a correction.
