After a while my post about ETH - this time not so technically, but just to show a probability.
In my opinion we have a strong down movement and market is very oversold so far. Acutally it reached an old level of initial 2017 at sligthly above 80$. Still so far it didn't showed any real strength and was weak also in the last days.
Still, I think, we could see a fast and strong correction until 140-150$.
As technically there isn't any bottom yet it's only a mere speculation.
Eventuelly it could be traded with a stop buy above 100 and a stop loss below 80. So the ratio would be 2,5
Just my opinion - trade on your own risks