Bullish On $ETH Mid-Term

This is what I am seeing mid-term for Ethereum. We will bottom out soon, and I am expecting a relief rally to touch the upper channel line, right around the .236 fib ($276.09). Keep in mind that there may still be more downwards pressure to come— all the way down to the $75 area of support. Also note, at these levels, every $1 move is a 1% loss or gain.

I will be strategically accumulating on spot, and plan to hold this position until that upper trend line is touched.