MA Crossover on 3 hour, soon to cross over on 4 hour
We have hit a new ATH -2.98% (not counting the highs made during the first few days ETH was listed). We also had record today, and it is unlikely that can sustain these levels.
If we can close candles on a long time frame below the upward channel, the sell signal is confirmed.
zones are marked on the chart. I believe that we will retrace off of the 0.5 fib level to hit the 0.236 fib level before the final descent to the .
Will TP when the 0.5 fib is tested at 0.03063, and reenter another short at 0.03458. Will enter long at the .