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husseindergham
ETHUSDT ETHUSDT is currently at the start of the reversal from the downward move after breaking the downward trend and I believe a great entry and critical zone for Ethereum to hold is near the 2954 mark near the 4H support since breaking this zone would indicate a bigger drop later on.
Explanation on my page.
tradingview.com/x/9otOO7vZ/
Snapshot
nothingbutblue
ETHUSDT this is why. 1) 4h 20 SMA has formed a perfect alignment with the new trendline. 2) at $3170, ETH will reach the previous fib retracement level, which served as the top of each prior bounce. 3) this level lines up exactly with a prior structure. 4) 4h RSI may be hitting oversold levels there. 5) BTC may be hitting resistance around the same time. It's all too perfect. Which is why it's a good area to close longs (at least partially) there and wait to see what happens next.
Snapshot
Wyckognito
ETHUSDT.P I don't think its
going much higher than this for now. Price will go back to 2600 and accumulate between there and this high until about mid-December before the real breakout