Line in the sand for ETH
No particular targets here as of yet, may update, but am still out of town with poor internet.
ETH needs to hold this channel support or else further lows are to come, obviously. Just wanted to post this as something to watch in these trying times.
ETH needs to hold this channel support or else further lows are to come, obviously. Just wanted to post this as something to watch in these trying times.
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Channel held overnight. Thinking we may be good for a corrective move to $475-$500. Over $550 and I'm thinking this is a longer term bottom. Will try to post targets as reasoning in an idea later today.
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Testing the resistance of the channel here:
