RichLoan6k

$ETH.X below 50 SMA, dump down to 50% fib levels

Short
RichLoan6k Updated   
BITSTAMP:ETHUSD   Ethereum
4-Hour Timeframe
RSI looking 🐻
Below the 50 SMA
Support @$235
Resistance @$240

If we are rejected at resistance and break through support. Can we see a drop back to 50% fib level of $215 levels?
Comment:
There will probably be a lot of buyers in the $225 support area.

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