I have bids set down through 7200s to catch rally up to 8400-8430 range where there's a fib and trend retest convergence. Note I'm net long already. I will ride out a drop to 6400-6600 and take small bids but stops at 6300. Good luck.
confluence of fib zones...my last sells are at 224, i'll ride this baby to at least low 190s.
it'll get a pump. set your sells when you fill, they can be fast
Currently in a long trade with first take profit around the 200 D, shown as the horizontal line in the chart, also coinciding with fib extension from the impulse. Also watching the 50 Week overhead at 5.7 area. Above this we have some blue skies. Will be paying attention to ETC going forward.
BCH seems to be showing stability at support above the 100 day MA. May be a satisfactory launch pad for another try to the upside. I'm long with my eyes just below the heavy resistance at 270. It corresponds with some fib levels. I see a potential drop to 222 area before I exit this trade if it breaks through.
If it's not exhausted, a strong extension could lead us to the upper red resistance. I see greater likelihood of price falling to support around 127. Longer term I think eth can fall below 100.