Ethereum (ETH / USDT) 3800 dollars !!!. Touching Fibonacci Resistance. Short-term analysis, what does it tell us?

in LeoFinance3 years ago

What are the new resistances after $ 3,800?

We will see

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Today we see that Ethereum touches the 3800 dollars and its price rebounds.

This price coincides with the 0.786 Fibonacci Retracement daily chart.

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If it ends above 3800 dollars it could be an indication that the price could reach 4065 dollars, which is the next level of b 0.886 fibanacci retracement

RSI

The daily rsi chart shows bearish divergence, another indicator that is negative in the short term.

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What you think?


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READ DISCLAIMER: this publication / analysis is only for general information purposes. I am not a professional trader and I will never be a financial advisor. The material in this publication does not constitute any trading advice of any kind. This is the way I see the paintings and what my ideas are.
Perform your own analysis before making an investment decision. Use money that you are willing to lose if you make an investment.
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I wonder how far ETH will go when BTC hits 100k...

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That exact value is not known by Satoshi Nacamoto today.