ETH had a very difficult second half of 2016 (mostly due to technical issues + BTC strength). But we need to keep in mind that this is the second biggest crypto currency (aka the main alternative to BTC). And as soon as technical issues + BTC bull run are behind us, that pair might go up madly.
I'll be using smaller timeframe to enter long, and aim for the moon in the long term.
Entry: 0.00785
Stop: 0.0065
Target : 1.618 fib extension of the previous main price structure