Yesterdays range in ETHUSD was the smallest in 6 months and it usually precedes a break out and trend move.
Reversals at 0.786 Fibonacci levels usually go back to the 0.382 Fib retrace levels next and that lines up with an ABCD pattern measured move lower in ETH to 235 USD.
Reversals at 0.786 Fibonacci levels usually go back to the 0.382 Fib retrace levels next and that lines up with an ABCD pattern measured move lower in ETH to 235 USD.