Had a Request for ETH. Hope this helps.
ETH is currently trading @ $381
**Picture One
ETH has been getting crushed. No sign of strength and is currently downtrending. The trend is your friend and there is never a reason to fight it.
**Picture Two
The most likely thing to happen is we cont lower targeting the POC below @$297 and attempt to base. Failing to base and reverse at the POC would be a sign of cont weakness and buyers should beware
**Picture Three
If we can base and reverse at the POC from picture two, we will likely reattempt the the resistance @ $395 with the first target just above @$461. The next resistance above is the $565-$640 Area.
