currently worth going long as ETH plays the pitchfork
channel as part of the start of a big 3rd wave in the long term prospective (to put ETH well above the 0.1BTC level). Currently ETH is still due a 5th wave on the current movement and that should take price to the drawn level with a confluence of multiple levels of resistance (and TLs
). Price has just finished dipping to the 0.618 level of previous uptrend.