During bull markets cryptos target the .786 rather than .618 for pullbacks. In this case on eth it maps to the big round number $250.
I have all my long term positions built so this will not be an area for large trades for me but I will be watching it for intraday scalps from the low of the day to the top of the day.
I have all my long term positions built so this will not be an area for large trades for me but I will be watching it for intraday scalps from the low of the day to the top of the day.
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