ETH hits first target area, more downside to $85!

ETH just hit our first target area after nearly 20 days falling from the $156 retrace area down to $122 and then some. From here if we follow market structure price can retrace into the $138-140 area before breaking through $122 and into our target area of $85. Price could theoretically move up to the $150 level where the impulse started but that is unlikely if the market structure trend should continue.
Right at support at $122 some strong buy volume came out which is a little concerning but overall the downtrend looks to hold well.