ETH BOTTOM
Updated
The FIBO level, the shape of the candle and the posterior candle, sail make it clear that we are in the presence of a bottom.
After a strong fall, within a descending channel, ETH has to change its tendency.
It has two historic and strong resistance to cross.
The target is USD 350.- Being conservative, but I'm sure ETH is being "controlled" some time ago between the 280/300 range.
There are 30% chances of the second scenario.
Greetings and thanks for your time
After a strong fall, within a descending channel, ETH has to change its tendency.
It has two historic and strong resistance to cross.
The target is USD 350.- Being conservative, but I'm sure ETH is being "controlled" some time ago between the 280/300 range.
There are 30% chances of the second scenario.
Greetings and thanks for your time
Note
Correct scale
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