I published this chart since it is pretty straight forward and we are starting to see the alt market test new lows. As far as Ethereum goes, we are at a decision point. We have a long-term support (white dashed line trending up) and a solid support at the 0.382 fib level here. Let us wait for some with the uptick before we enter here. The entire market is very right now, but keep in mind we usually go ultra bear before we see permaBull. As far as BTC goes, looking at $6.2k for next support to see what happens there.
Take it easy ladies and gentlemen
- DA BULL
consider a move in SL up to 230 with a second short entry around $220. This will be about a 10 day sideways movement, so patience is required.