ETHUSD 8h: July forecast - up to fibo 1.236 (490 USD) possible.

End of the consolidation period ahead. I believe, this applies to all digital main currencies.
ETH is now at the price-fibo (0.618). I think that we go down max to 260 USD. In expectation
of the trend-reversal - imo - it will go up.

Let's see what happens. Happy trading. :-)

Commento:

close-up of the situation. let's see who strong the resistance is.

Commento:

next support line ahead. if it is strong enough, there are three trendways and time frames possible. if it will break, then i see a fast and strong down. i will build a new updated chart soon.

Commento:

Important situation. Decision ahead. 3 supports possible.

Commento:

2. support at 215 reached.

Commento:

3. support line reached. strong up possible and expected.