Ethereum- Wait on Bounce From The Support First, Then Buy

Hey all,

Cryptocurrencies are trading lower, as USD gets strong across the board and stocks turn down. There is room for more weakness in the near term, but the Ethereum can still be interesting for a bounce if the 68.1% and 78.6% Fib will hold.

For more details, check the video.

Comment:

ETH making B wave more complex? Possibly, but downward correction also appears incomplete, so looks like it's not the time to define the next impulsive direction, yet.