$ETH.X below 50 SMA, dump down to 50% fib levels
4-Hour Timeframe
RSI looking 🐻
Below the 50 SMA
Support @$235
Resistance @$240
If we are rejected at resistance and break through support. Can we see a drop back to 50% fib level of $215 levels?
RSI looking 🐻
Below the 50 SMA
Support @$235
Resistance @$240
If we are rejected at resistance and break through support. Can we see a drop back to 50% fib level of $215 levels?
Commento:
There will probably be a lot of buyers in the $225 support area.