Made a bearish movement at the end of the cicle, but held the 61,8% retracement. Quite impressive when every other cryptocurrency is strugling. Ethereum is a pretty well established cryptocurrency, looking unshakeable. Now showing a bullish sign.
I drew new Fibonacci retracements, since I think we reached the end of the previous cicle. I'll focus on this small movement from now on. It will probably go sideways during this bearish market, it will get interesting once it breaks that top.
This is my own opinion, not financial advice.
For my predictions, I use a technical analysis trading setup I explained here, and also my knowledge of other setups along with common support and resistence lines, and Fibonacci levels.
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Thank You!