ETHWUSD Unstoppable at the moment, eyeing a complete reversalETHPoW (ETHWUSD) is on an extremely strong 1D candle having closed the November 09 gap and is now targeting the 6.1300 November 08 High, which basically started the collapse to its market bottom.
This is an unstoppable gap fill push on a U shaped recovery that eyes a complete long-term reversal. We can see the next consolidation within the 6.1300 - 7.6100 Highs (Nov 08 and Oct 26 respectively) but above that we expect a Q2 test of the 12.7800 September 29 High.
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