Ellieoo
Long

ETH fractal time?

BITSTAMP:ETHUSD   Ethereum / U.S. Dollar
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Similar set up as back in the start of April. Volume indicates a bottom as well.

fib levels .618 - .382 - 0 are the targets to watch

Daily close above the current fibo level (1) confirms the set up.
How do you know that a bottom is reached regarding volume? I'm asking because you say "Volume indicates a bottom as well".
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Ellieoo stickfigure
@stickfigure, Compare the volume profile shown below the chart between the current dip and the dips in June/July. The buying volume around the 180-200 levels was much higher, creating bullish momentum at the current levels.
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