Beautiful Touch of Bottom Pitchfork for ETHi

This is just a quick post to track ETH's price movement. We have bounced cleanly of the 1.272 fib channel line of the Andrews Pitchfork. If we are going to find a bottom anytime soon, this would be it.

I will try to post a more in-depth analysis later.

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We managed to stay in the pitchfork. I think we will likely range between $700 and $900 for a few days, after that we will have to see. Reference this chart for one potential (bearish) outcome:

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Bye bye pitchfork