peterbhc

ETH to touch 50% retracement

Long
peterbhc Updated   
BITSTAMP:ETHUSD   Ethereum
I am expecting ETH to move to that descending trendline from these lows. to the 50% retracement level at 1536 this week.

May wick above the 50%, but should not close a daily above it, with that blue trendline, forcing price back down.

Good Luck
Comment:

Cup and Handle target = $1475
Comment:

4H Squeeze may flip bullish on the next candle
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