Assuming ETH catches support here at the projected (fib based) bounce zone, it could be setting up for a nice double bottom. If so, I've set some target goals also based on fib retracements. For the crypto world this might be a longer swing trade.
I would SET STOPS in case it fails support here. In that case I would be looking for a bounce at the next inverse fib target.
I would SET STOPS in case it fails support here. In that case I would be looking for a bounce at the next inverse fib target.