ethereum has just broke down a falling wedge om 5 min TF, the bearish scenario is suppported by hourly TF also and the close of candle below daily close seems to be in favour of this trade. so winging it here like real Fib rockie would.
buy and sell zone added on chart. Its a good buy here with stop loss 198.5
Bitcoin has been following a trend since 2012. According to the trend a fall to mean would take us around $21500 levels and a fall to bottom of channel will take us to something around $7500. inorder to continue long term bull trend bitcoin must not break below $19500 i.e the top of previous bull trend.