Ethereum is in bearish channel, as it may go up to its upper resistance line, I'm anticipating that it will bounce right off it and reach $191 mark.
Almost every coin in this bearish market reached 88.6 % of correction, and I dont think that ETH will be different.
It has a quite support lines there also, so if it holds, we can see a bullish move afterwards.
DISCLAIMER
I’m not a certified financial advisor nor a certified financial analyst. The contents posted by me are for informational and entertainment purposes only. Don't follow any analysis blindly, and make your own decisions. Always plan your trades and play with stop-loss.
If you like my charts, follow me on Twitter https://twitter.com/Woytech
or on TradingView https://www.tradingview.com/u/Voytech/