i dont see the problem?
ethereum has hit the long term channel bottom that been lasting since april on 25 sept $3840.
After hitting this bottom ethereum has rallyed 24%.
now ethereum is taking a breath of that rally and is nearing the $4276 support zone wich is also the 0.5fib zone.
i expect ethereum to find support here or a little above as we are in the golden fib zone.
even if the 0.5 fib zone does not hold we still have the 0.61 fib zone wich is also at the bottom of the channel again.
if we find support at the 4260 zone we are also at the bottom of the left shoulder of the inverse head and shoulders forming.
if we reverse there we are looking at another jump back to the 4750 zone and then watching for a inverse head and shoulders breakout wich has a target of psychological level $6000
