$ETH has reached the 61.8% Fib retracement and the 1.38 Fib extension to the downside, levels that often mark a local low. That said, one more low is still likely to complete the pattern. Wave-4 resistance sits between $2,412–$2,613. Ideally, price forms a low in the green zone.
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$ETH has reached the 61.8% Fib retracement and the 1.38 Fib extension to the downside, levels that often mark a local low. That said, one more low is still likely to complete the pattern. Wave-4 resistance sits between $2,412–$2,613. Ideally, price forms a low in the green zone.