Ethereum Price Update - 30 March 2018
Hi guys!
Here are the summary of my video on Ethereum price update for today
ETH - Daily Chart
Tools used: Fib Retracement and Fib Extension
As I said on my video this would be a probable price area for a dip buy opportunity on this sell off. However note that eth has been performing worst compared to bitcoin for the past few weeks.
There weren’t any good bounce from Ethereum so far except from the early Feb 2018 which was about 70% rally. And after that Ethereum has just been rolling down with no signs of reversal just yet.
If you are planning on trading this dip have a plan, be cautious and wait for a confirmation.
Don’t get greedy basically. The lesson I learned the hard way. Volume confirmation at least would be great. You might not get the whole bounce from wick to wick but any bounce trade is a good trade.
Disclaimer
You know the drill guys. This is just opinion and not a financial advice. Do your own research and decide your own trades. Cheers!
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