Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Ethereum 💪
If we are looking at the macro view on the monthly timeframe you can see that Ethereum perfectly retested the 0.768 fibonacci level in confluence with the previous cycle high so everything looks like we are...
Despite the identification of a reversal pattern that supports a bullish momentum, I am thinking of taking a counter-trend opportunity as the current structure suggests that buyers are yet to find the momentum to break through the key level at the 1.776 area.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks...
