ETHUSD oversold on RSI, but is it a dead cat bounce incoming or a full-blown reversal? What are your thoughts on the Fibonacci levels around 1850? Anyone eyeing a long position if it holds? Or are we going to see 1800 tested sooner than expected?
@gsinha6 Hey Gaurav, I'm still pretty new to all this, but I've been trying to learn more about Fibonacci levels. I'm not sure about the 1850 level you mentioned, but if it drops that far I might consider a long position too. 🤔 I'm a bit worried about the Iran news though. Do you think that will push ETH down even further, or is crypto relatively safe from that kinda stuff? I'm still trying to figure out how global events affect crypto prices. thnk you
