ETH is still struggling to break the downward channel.
We saw a good increase in volume today leaving many of us optimistic about the market.
As long as ETH fails to break the channel, I have indicated several fib levels that will likely indicate support.
Use these levels for your shorts/longs.
Remember, even though this is a bearish market, we can still come out on top.
Thanks and good luck to all!
note: please notice how the interception of the bottom fib level and the channel perfectly line up with Aug 1st. Coincidence?
We saw a good increase in volume today leaving many of us optimistic about the market.
As long as ETH fails to break the channel, I have indicated several fib levels that will likely indicate support.
Use these levels for your shorts/longs.
Remember, even though this is a bearish market, we can still come out on top.
Thanks and good luck to all!
note: please notice how the interception of the bottom fib level and the channel perfectly line up with Aug 1st. Coincidence?
Creator of DepthHouse Indicators on TradingView!
↣ depthhouse.com/
↣ depthhouse.com/
Good luck!