CryptoPatel

ETHUSD 1 Day Bearish And My Target is $156 with Fib Retracement

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BITSTAMP:ETHUSD   イーサリアム/米ドル
#ETHUSD Exclusive Update:
Current Price of ETHUSD is $197.

#ETH Rejected From Big Resistance $198.
so Now #Ethereum is Bearish.
but if Any Candle Close above $200 then I will open Long Setup.
but Now I am bearish. and I already opened Short and Holding my short position.

Top Candle also looking Bull Trap so be careful Guys with Any Fake Breakout.
but If any Big Time frame Candle Close Above $198-$200 Then I will open Long Position and after I will bullish on ETHEREUM.

Now I am Holding My Short Position.

and $198 also Very big Resistance of 0.6 Fib Retracement.
So my Target Would be 0.3 Fib Retracement ($164).
Support: $171/$156/$136
Resistance : $200/$229/$275

If Breakout Above then Resistance is our Targets and if Breakdown then Support is Our Targets.

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