One of my followers wanted me to work on ETH so here you are.
ETH pretty strong at the moment. I expect ETH to bounce on the lower side of the channel. ETH for is between to and awaiting for validation (i.e. bouncing on support or breaking it).
Support would correlate with fibo 0.618 and Y, so lets see.
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typo : * ETH for is between to *= ETH is for now between two (support-resist) and awaiting for validation
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0.618 is at 655. might go for a bullish wick a little bit under which would not mean that support is broken so trade carefully.
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gonna close ETH soon. ABC looks like almost done. classic extend C with an extend 3, highly probable to end in the red square. was happened to ETH in the past week guys ? bad news ? dont follow ETH was wondering why people selling so hard on ETH ahah
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anyway all the info was on my post. dip ended where red arrow ended at fibo 0.382.
A tip is to set stop loss at support trend so you are cool 95% of the time