ETH Bigger Picture

ETH here is setting up the for the second part of the three part bear trend. Basing this entirely off of TA and past trends not FA. The first part is the 50%~ drop, which are just about to complete. Im expecting this first part to end around .055. Here is where the second part will begin, this second part is the chop / sideways zone where bottom shorters and fomo longers will both be rekt. After this we will see the third leg which is a breakdown of the major support and then another major drop. My target for the third leg is around .03-.035.
Follow Me On Twitter For More Charts: http://twitter.com/cryptoxanax