EuroMotif

ETH.usd Correction NOT Done Yet? Ether is Very Heavy right now

EuroMotif Mod Updated   
COINBASE:ETHUSD   Ethereum
This is a follow up to my previous analysis, calling for Double-Digit Prices (click).

Ether is still very heavy, even after Bitcoin's gravitational pull.
The jump in ETH has not shown even the Minimum follow through.
It looks like it NEEDS to test $100 round before any bulls show up.

$143.27 - 143.80 could be broken with force to prove me WRONG.
$107.48 - 110.00 is Minimum Expected and last defense of 100 round.
$ 96.30 - 99.39 looks to be the MOST LIKELY target as things stand.

My previous Bigger Picture analysis:
Comment:
Moment of Truth is Here

Just Pinged the resistance zone that COULD be end of wave 4 two 4h candles could not pass it.
But no massive rejection either, so need to watch very closely here.

.
Comment:
PING

Moment of Truth:
Comment:
Fibs acknowledged, pullback under way?

Hourly candles show the resistance is real But it is end of a wave "C of 4" ?

.

Zoom IN (8 min) Looks like we have at least a pullback developing, if not a reversal. the Zig-Zag line shows how it bounced form above fib, down to a fib back up to one, and so on.
Now a retest from below and falling through the next fib will signal the start of a more serious pullback.

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Comment:
Last Chance for Bulls to invalidate

Need to get above $143.27 to prove it is not doing this:
.

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