Simple TA here.
Ethereum has obeyed the drawn from it's January '18 highs. Just over a year later, it's broken free from that , established a low, signaled oversold on the , and is now in it's bottoming range IMO .
The upper end of the range holds resistance at around 42,000 Satoshis, while the lower end of the range holds support at 24,000 Satoshis.
We can see an apparent pattern setting up. A break to the upside would be a test on the upper end of the range, and a break down of the would end up being a test of the lower end.
I have some ETH, and am planning to sell into strength if a test at 42,000 satoshis comes.
If ETH heads to 24k, I plan to buy more.