๐ฒ Ethereum Last Attempt at Growth
๐ฒ Nearest strong support zone: around the fibo 0.5 level of the downward wave.
๐ฒ Nearest strong resistance zone: around recent highs.
๐ฒ Technical environment:
๐ Moving averages: Uptrend
๐ MACD: Downtrend
๐ RSI: 50/50
๐ฒ Price action: ethereum tried the uptrends again but they were very quickly pulled down again near the last accumulation, my opinion on ethereum remains unchanged, I still think that as in the whole crypto market we are in for a downward correction before further increases.
๐ The scenario I am playing out is a continuation of the declines. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
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