I want to share my 4 hour chart Idea. It´s aimed more for currently overview, to better see where ETH is capable to go probably in next 2 weeks, maybe even more. I made FIBO from actual downtrend and main support base value. Fits nice, to I can watching how exactly will be Ethereum plays this levels.
Major reverse to uptrend is not actual yet. I think, is chance to fall around 257-300$ easy. Maybe lowest green line, if market cap continue in decreasing... Whole market doesn´t reacts to any NEWS If aren´t money in ! It takes more time.
For now , I am watching how ETH plays 0.5 FIBO level....
No more words to be quick & easy : )
I will update.
Sincerelly, Mario Emvo.
*This is not a financial advice. *Only for an educational purposes.