Ethereum will pump this week
Hello, Community!
Today it's time to talk about
ETH because the Bitcoin is staying at the same level. Like in BTC analysis today we apply the FibDiv strategy and combine it with our Skyrexio SmartBot.
Let's take a look at the chart 1. The first we should do is to define the impulse to apply the Fibonacci retracement to it. We should wait for three decreasing bearish candles to draw the Fibonacci levels. You can see how it looks like on the chart. It's interesting to consider purchases below 0.5 level. Now this level is located at $1800. When price reach this level we expect the bounce to the zone 27, approximately $2050. This is the minimal target. The maximum one is at the purple line ($2200), but I don't believe that it is reachable.
Of course we are not going to trade it manually becuase we have Skyrex SmartBot which takes into account all our knowledges and accumulate position where it's needed. It's working 24/7 which is great advantage because I often missed nice entries during the sleep. SmartBot has printed the next strong support at $1804, which coincides with 0.61 Fibonacci, there it will add to long trade. The take profit level now is located at $1993.
Best regards, Skyrexio team
___________________________________________________________
🔥Please, follow me and smash the rocket🚀 button to support us🔥
Today it's time to talk about
ETH because the Bitcoin is staying at the same level. Like in BTC analysis today we apply the FibDiv strategy and combine it with our Skyrexio SmartBot.Let's take a look at the chart 1. The first we should do is to define the impulse to apply the Fibonacci retracement to it. We should wait for three decreasing bearish candles to draw the Fibonacci levels. You can see how it looks like on the chart. It's interesting to consider purchases below 0.5 level. Now this level is located at $1800. When price reach this level we expect the bounce to the zone 27, approximately $2050. This is the minimal target. The maximum one is at the purple line ($2200), but I don't believe that it is reachable.
Of course we are not going to trade it manually becuase we have Skyrex SmartBot which takes into account all our knowledges and accumulate position where it's needed. It's working 24/7 which is great advantage because I often missed nice entries during the sleep. SmartBot has printed the next strong support at $1804, which coincides with 0.61 Fibonacci, there it will add to long trade. The take profit level now is located at $1993.
Best regards, Skyrexio team
___________________________________________________________
🔥Please, follow me and smash the rocket🚀 button to support us🔥
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