ETHUSD can continue trading within this channel while going lower.
- Support can be found at MA200 ($147) if ETHUSD continues to drop .
- If this level breaks the next support is 0.786 Fib. retracement sitting at $139 (marked with an orange line).
Conditions for change: For ETHUSD to break this small downtrend here a break above the blue channel is needed. You can also look for a strong close above EMA10 as a signal. In the meantime, ETHUSD remains .
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Thanks a lot for reading, your support is truly appreciated.
This is Alan Masters.
4H Time Frame:
We will have hundreds of more trades generate even more in the coming weeks.
The altcoins market will go another run in just 2-3 weeks, we will profit massively from it.
Thanks a lot for your continued support.
ETH is part of the Top 10 alts and is basically like Bitcoin and not a small alt.
By alts I mean the smaller cap sized ones below the top 10, the remaining 1,000+.