barzzTradingAcademy

ETHUSDT H1 setup. Time for 2k?

BINANCE:ETHUSDT   Ethereum / TetherUS
Dear Investors,

Price is currently bullish on the daily timeframe, however, I am currently observing price action on Ethereum on the H1 timeframe and here's my Outlook.

Currently, there's an active impulse on the H1 timeframe, so I have used my Fibonacci tool to measure the retracement levels for a potential bullish continuation.

Currently price is reacting to my 0.386 fib level. If price stays above these Fibonacci levels then I'll be looking for an entry confirmation according to my A.R Strategy.

However, I will be looking out for a potential reversal of price breaks below 0.786.

Let's stay patient and execute on confirmation.

Have a profitable weekend!

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