I have 2 alternative but similar scenarios for ETH:
1) We already hit the top of the channel and turn back to 1110 levels (which seems to be happening as I write it - so I keep the directions for that scenario only).
2) It has some room above it to go up a little more to 1244 levels and then bounce back down.
Either way, I think ETH is still on a bearish channel and has some way to go. This correction has not ended.
1) We already hit the top of the channel and turn back to 1110 levels (which seems to be happening as I write it - so I keep the directions for that scenario only).
2) It has some room above it to go up a little more to 1244 levels and then bounce back down.
Either way, I think ETH is still on a bearish channel and has some way to go. This correction has not ended.