If you are following my ETH analysis, maybe you remember our small red channel down and a big blue channel up. *Click to see previous analysis
Both of that pattern only a small part of this big parallel channel down.
Right now we need bearish confirmation from fibonacci support.
If 132.27 break down, our target at 118.17 and 102.67
note : Maybe we will change our target, depend on price action in the future, but if this pattern correct, prepare to catch a falling knife with buy low.
Make sure you "Like" this analysis to get more faster update.
Both of that pattern only a small part of this big parallel channel down.
Right now we need bearish confirmation from fibonacci support.
If 132.27 break down, our target at 118.17 and 102.67
note : Maybe we will change our target, depend on price action in the future, but if this pattern correct, prepare to catch a falling knife with buy low.
Make sure you "Like" this analysis to get more faster update.
Note
New update :
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.