0x / TetherUS

Small retracement 0X before MAJOR target

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As seen on the chart the last high nearly hit the 2.618 fib extension. Based on the short term bearish signs at the BTC chart I expect that $0x will retrace to $0.96 - $1.10.

At $1.10 the 0.618 fibonacci and daily 200 EMA are located.
At $0.96 a support at the previous high.

After that a mid term of $8 dollars is very likely based on the channel.

Keep in mind the market is still bullish on mid term.

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