So, ETH was bouncing between 740 $ & 650 $ (Yellow). We're looking at a descending RSI & MACD BUT the RSI seems like it wants to start to move up a bit, only time could bring confirmation on this points. (It could mean that ETH might begin its rise sooner). The possibilities are: - ETH continues to the stronger support and kicks off at the last weaker support or at the stronger support (Green & Purple) - ETH COULD form a new support somewhere and kick off at that point (Not marked on chart but imagine) - ETH fails to kick off and breaks the stronger support to continue its ride to the depths