henyojess

henyojess

Weekly Channel and Fibonnacci 61.8% retracement cooperate to point at a possible reversal zone ~ 3032 Conservative target price is at 38.20% retracement of drop for a good 24% profit. Entry: 3032 Exit: 3775 Stop: 2936

henyojess

Chart shows rudimentary wave counts. I don't think ETHUSD will break the downtrend convincingly so I expect another leg down for the 5th wave which we can profit from. Short ETHUSD when it hits the trend line at 229 with a stop at 253. Target Price: 160