$ETH
Added 2024-11-14 15:51:51 +0000 UTCMoving very well here and in between the 0.236 - 0.38 Fib level now, after rejecting cleanly at the 1.618 Fib.
A lot of people believe the 0.618 Fib is the golden ratio, but it is actually the 1.618 Fib, meaning it is the most important Fib level of the entire Fibonacci sequence, the 0.618 Fib is taken from the 1.618 Fib extension....just a small piece of education.
Which is why I respect the 1.618 Fib so much.
Either way, game time is on the 0.38 Fib which aligns perfectly with the 200 Day MA at $2955.
Let's still be mindful of $3000 too as a potential support level.
