In our last analysis we identified the ABC correction and we were anticipating the C wave back to the 61.8 fibonacci. It played out perfectly and now we have an opportunity to short ETH back down to atleast the 3K level.
Watch for a nice clean break of the ascending red trendline with stoploss above the correction and targets being the 3K level.
Watch for a nice clean break of the ascending red trendline with stoploss above the correction and targets being the 3K level.