Right now, the daily candle of ETH yesterday closed as a gravestone doji, which indicates a bearish bias. Besides, it was rejected by the mid range, formed a deviation above. RIght now the price action is heading towards the range low, where hopefully it holds, if it loses range low, it will probably heading towards .618/.66 of the fibo. Watch out the price action at these two levels, and look for any sign of reversal. However, right now the price action has entered a predatory zone, watch out for a lot of breakdowns and fake outs, suggesting only considering watching the larger time frame chart.
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