ETH neutral long term view

I believe that we are either in wave 4 of the elliot wave cycle and within a long term channel. We may revisit the bottom of the channel at fib level 0.5 ($206.18) and then begin onward to wave 5..

Or, if we break out of the bottom of the channel, then we may revisit the 0.786 fib level at $88.33

Will watch and see how it plays out. Currently seeing bearish divergence in daily.

Feragatname