Ethereum
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ETH Fighting the Channel

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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?
Nota
ETH will likely hit the bottom of the channel in the next several hours. I have a personal target of $148. Be sure to have your shorts/longs ready!

Good luck!

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