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.
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