Etherium is looking nasty.
Price has poked through and is now testing the DAILY trend line. Given the weak nature of the rally from the last re-test of this trend line, I'm expecting another break and close below.
Targets are the 1.272% and 1.618% FIB extension should a break occur. If this really is the trigger point of the daily breakout pattern, the projected target is $23. Yep, you did read that correctly!
Use limit order for entry method to catch the break below.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.