Going long on Ethereum
2025-01-14
Category: None

BINANCE:ETHUSDT  

Ethereum has declined to a critical 61.8% retracement level, and even grab liquidity below previous area of support, RSI is near oversold levels. Previous up move is in a 5-wave move, while current decline is in a 3-wave move.

Going long here, not a recommendation, with stop below the 78.6% FIBO retracement, and target at all-time high.

Good luck to you