Ethereum / Bitcoin
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ETH Testing Top Fib Levels

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ETH has had a great couple of days (to say the least!), but there should definitely be a little but of cooling off in the next few moving forward.

As you can see, it is clearly testing the top Fib levels, and while a sideways movement is possible, there doesn't seem to be enough upside for a open trade.

It is often the case that if you miss a huge run, a FOMO trade is the worst possible thing you could do.

Likely best to stay hesitant and wait for the cool-down.

Nota
As predicted, ETH moved down from the top Fib levels, now resting firmly in the blue zone of the FIB chart.

Penafian

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