ETH/USD On the daily timeframe I have drawn on a Fibonacci c | Bit Buster (CryptoClan)

ETH/USD

On the daily timeframe I have drawn on a Fibonacci channel using the both peaks in price ( May and November highs to the low in July) The bottom support (1) has held up so far, if price losses this level on the daily timeframe then this will increase the likelihood of seeing lower with the first target located at around $2000.