ETHEREUM - Sells still in play ↓

by David


H4 Time frame

Ethereum has been given us clean price action to the downside since the beginning of December 21 with impulse / correction / impulse.

On the H4 it looks like we could be making a ABC correction moving up towards the descending trend line 61.8% Fibonacci level where i will be looking for a sell position targeting the -27% Fibonacci extension which lines up nicely with previous structure.

Trade what you see not what you think :)

Good luck