ETH. 4h. The first target is $315 with the prospect up to $295.

Reasons of the fall. If you follow our ideas, you already know that globally we are waiting for ETH at $250. This scenario could only be canceled if the price fixed above the level $363. According to the previous idea, two unsuccessful attempts of buyers to fix above this mark are clearly visible. The weakness of buyers only increased the probability of our scenario being worked out.

The cheeriness of the fall was certainly added by the news background, which we analyzed in BTC idea.

Local targets. Today attention will be focused on the level $315. In case of the level break down, the next stop is $295.

If buyers do not resist and decide to wait out and not keep the price, we will see the mark $250 much faster.

But by then we will update the idea. Therefore, like and subscribe to us to keep abreast of events and fresh ideas.

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Updated the idea of ETH for the medium term
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