Ethereum (ETHUSD): Criteria For Uptrend Resumption
The current correction scenario with key price levels were outlined in my previous post - thank you for positive feedback.
This time I have updated key levels, and would like to draw your attention to the pitchfork, which proved to be the best possible price channel for this short-term downtrend. As long as price stays within it, the correction is not over, even though minimum retracement criteria have been met. I will soon update on the ETHBTC pair, as it presents a tradable opportunity.
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Detailed intraday levels below. Bullish odds to increase if price breaks $363. If it goes below $338, there is risk of more downside below $320:
