$ETH #Ethereum update

Well, that global market crash on August 5 hit $ETH badly and we lost the $2.8k Support violating the parabola curve.

However, my Fib horizontals did a great job - 0.618 Fib held the body of the weekly candle & 0.5 Fib caught the wick 👌

And we have the Key Multi-year Support line that keeps me pretty bullish on #ETH 📈

💡 IMO the low is in, $2500-2100 is unbreachable Support Cluster. I still think we’re gonna have a glorious rally soon but first we may have to consolidate around the 0.618 Fib level & MA100 for a few weeks

🎯 Upside Targets remain!