I think we've seen a bottom to BITFINEX:ETHUSD after seeing a close to full retracement around $165 from ATH's. Either way, I'm with a target on the daily between $234-256 in the upcoming days. On the weekly, the target is looking to be a 2X from here.
I'm long from $171, so giddy up
Looking to $350ish as the next leg up as we cross into bullish territory.
Sidenote, I love the Gann.
monitor over the next couple of days to see where the markets heading.
The only thing that might push this sideways nonsense a few more days is that the 4hr looks to be very overbought on the $toch. Might revisit that a drop to $180ish
I personally don't intraday trade, so will be waiting alongside everyone else to see if we'll be mooned or doomed.