ETHUSDT POC| .618 Fibonacci| Price Action| Trend

7 мар. 2023 г.

Today’s analysis – ETHUSDT – trading at a very pivot where a bullish expansion is probable,
Points to consider,
- Price Action Corrective
- POC Support
- .618 Fibonacci Pocket Support
- Daily S/R Support

ETHUSDT’s immediate price action is trading at a key support region that is in confluence with the .618 Fibonacci, POC, and the Daily S/R – allowing for a bullish bias.

The immediate objective is the Monthly S/R, exceeding this region will lead to a trend continuation

Overall, in my opinion, ETHUSDT is a valid long with defined risk; price action is to be used upon discretion/ management.

Hope this analysis helps,

Thank you for following my work

And remember,

A given skill is mastered only when consistently performed under intense pressure. If this isn’t the case, keep working on this skill until it’s proven to consistently show up under pressure. – The Mental Game of Poker