ETHUSD 8h: Forecast. We are still in an up-trend. 3 scenarios.

I still see the sitation positively. The current correction was overdue. The Timelines move, but not my targets. I can see at the moment 3 possible scenarios. In the next few weeks we know more. I think the fork of the BTC will bring some calms in the market and also calm into the altcoins. BTC itself will get less benefits than expected. BTC is and remains too slow compared to other coins - even after the fork. I speculate on a re-run on altcoins after the BTC-Fork. My favorites are: ETC, Dash, Monero and Ripple.

At the moment we see a strong support at fibo 0.38 (185 USD). I think that might be strong enough.

Let's see what happens. Happy trading. :-)

And don't forget: "Make good trades, money is secondary. What a good trade is, only you can define. Be satisfied and happy." :-)

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Next hours are important. If fibo 0.38 stay strong, than up after re-test. Otherwise next stop at 0.23, than also 0.14 possible. I see current an double bottom at 0.38 and re-test of 0.38. Let's see...

Trade active:

etc on track.

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sorry. wrong chart. it is etc not eth.

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here the right one... point reached.

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so nice.

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nothing more to say ... on track

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sorry worg chart ... same nothing to say. on track.

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short update ... on track

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new chart. please follow ...