Alexkly

ETHUSD Potential Pattern Formation

COINBASE:ETHUSD   Эфириум
Based upon the movement of the markets a lot can happen. But based upon previous historical moves we see that there was a test & bounce off of the 38.2% Fibonacci. After that move we saw price fall down and almost testing the 61.8% Fibonacci. Now lets talk about this pattern. The first criteria has been met which is the XA leg Fibonacci extension of 1.272% has been hit. Second as discussed price visited the 38.2% Fib of the XA leg. which means it is now a waiting game for Ether to reach the 78.6% Fibonacci of the XC leg. Which is a lot of ground to cover so be watchful as price can be volatile.

Thanks for reading this quick chart analysis.
Drop a like and have a great day.
Thanks, hope you make lots of money.
Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.