Eth had a good pump along with btc over the past day. It is right up against a daily resistance now and if it gets rejected here we have made a new lower high and we will head down to retest the long term uptrend.
If that fails to hold up against the bears next stop is a weekly support at around 392.
Watching closely for a entry either off the trend line or the lower support if we break down.
Also watching closely for a double bottom potentially forming around the recent lower low around 407.
If that fails to hold up against the bears next stop is a weekly support at around 392.
Watching closely for a entry either off the trend line or the lower support if we break down.
Also watching closely for a double bottom potentially forming around the recent lower low around 407.