TGP

Can the 0.786 Fib Hold?

Short
COINBASE:ETHUSD   Ethereum
Re-drawing my downtrend channel after the breakout move up last night / this morning. If the upper trend line breaks, then I'll be looking for a new pattern. If not, then I think a tests will come quickly for fib levels 0.618, 0.5, and 0.382. Between 0.5 and 0.382 I will start another long position.

I still strongly believe that each pop in the next month or so will be drop quickly from i.c.o. cashouts, so I will be trading with short timeframes and not hold coins for very long.

Cheers
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