#ETHEREUM $ETH is ready to touch the 0.5 Fibonacci level.

Then probably will be a bounce because the algorithm that guide the market feel this levels.

But more important than Fibonacci levels is where the liquidity is:

If around the 0.5 Fibonacci there is nothing to take, the price will go lower in search of liquidity.

Fibonacci retracement is very useful but we need to contestualized the whole situation.

So we have to watch now and wait the process around that level and see what happen.

Waiting is one of the keys to success in trading.