#ETH is forming a bullish 3-Drive pattern ! Also there will be a convergence formation combined with the 3-Drive..
๐ But in current view; #ETH is moving in a bearish FIB's retracement. After reaching target, There will be a dive to lower support zone located below $2700.
๐ How ever bulls can take the lead on MACRO view : There's a bullish correction on 12H's chart, Which means that #ETH just had a healthy correction for another leg to ATH !
It's better to follow the scenarios with marked levels. Both of the scenarios have the same chance to happen. ๐ So you can set your invalidations at 3.5K's resistance zone and 3K's support zone any break below/above can confirm the major movement !
Hope you enjoyed our analysis about #ETH's possible directions๐ You can support us with your likes. Also you can share your opinion with us in comments ๐๐๐ผโโ๏ธ
Attention: this isn't financial advice we are just trying to help people on their own vision.