$ETH is about to crack to .5 fib level
Hello #Crypto friends,
$ETH has shown some strength in opposite to Alts which have taken a beating.
I believe that is due mainly to the fact that the market was exiting micro cap coins to Ether before it puts a new low, which has only delayed the next wave down since it has been heavily rejected at the $390 range.
Once confirmed, daily close. We might see Ether pull back to the .5 fib level easily dragging most Alts to the .236 fib and final level before reversal.
I am looking at shorting ETHBTC to .0286-.0283 range or buying at these levels or anywhere under $290.
Hope this helps,
If it does, don’t hesitate to follow, like or/and share.
Until next time !