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April 22' CME Micro Ethereum Stopped At Resistance!
Ethereum Futures
Long
April 22' CME Micro Ethereum Stopped At Resistance!
By Paul_Wankmueller
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Apr 6, 2022
5
Apr 6, 2022
April 22' CME Micro Ethereum Futures' advance was halted at the 50% Fibonacci Retracement level (3544)
Old resistance around 3222 (.382 level) has now become support and NEEDS to hold in order to keep the bull trend alive.
If this fails, I could see it falling to the 2650 area, which would be the last line in the sand for the bulls.
-Paul Wankmueller
Fibonacci
Support and Resistance
Trend Analysis
Paul_Wankmueller
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