ETH may loose a bit on breaking down the 0.5 Fib and going to the 1.0 one
Comment:
The usual 0.786 got reached and is looking to a rebound missing the 1.0 Fib I will try in depth analysis to figure out what can happen
Comment:
The daily mean MA50 is right below, the MA50 from 1H might keep pressing market down, I don't expect it go up without hitting the daily mean first, but just in case it cross above 1H MA50 expect it to rocket very strong:
Trade closed: target reached:
ETHBTC touched both daily MA and our on chart 1.618 circle fib
