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thatmehdi

ETH/USDT Next Moves

Ethereum / TetherUS (BINANCE:ETHUSDT)  
thatmehdi Updated   
BINANCE:ETHUSDT   Ethereum / TetherUS
Support and Resistance Fibonacci Trend Lines
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supportandresistance fibonacci trendline
well, this is my idea about ETHUSDT next targets.
I am not a pro and this is not a trade advise. I'm publishing this just to share the idea and receive feed backs.

have a good trade.
thanks
Comment:
Well, ETH/USDT had a dramatic jump, apparently due to BTC/USDT Pump up, hit the channel boundary and reached the 500-507 resistance zone.
two things could happen.
1- price stalls to 442-456 zone and rebounds, which I think is more likely to happen or
2- bulls could break through the resistance zone and jump toward 540 and then 570

snapshot
Comment:
I forgot to mention that price could bounce back again to 510 after hitting 490, before it starts to drop to support zone
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