ETH Forming a Rounded Bottom? (3/3/21 Forecast)

Ethereum tried to rally but fell a bit on Tuesday, initially rallying up to the $1,600 level before getting rejected, closing the daily candle around the 50% Fibonacci retracement at $1,540. This isn’t a terrible candle as it looks like ETH is trying to reach higher but buy/sell sentiment is still pretty flat.

(March 2, 2020 7:30 PM EST)