EuroMotif

ETH.USD back at Critical Resistance: Ethereum ready to breakout?

EuroMotif Mod Updated   
COINBASE:ETHUSD   Ethereum
Followup to my previous post highlighting this critical zone (click).

We are back at the resistance and noticing it EXACTLY.
Critical decision point for direction of trend and strength.
Bounce wave might be done, so retrace is worth watching.

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Comment:
Bulls punched through the immediate resistance BUT can they get past this pesky green fib line?
Comment:
uh oh, still struggling with that $182 resistance bulls need to break it and stay above soon, or it will become serious resistance for a long time....


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Comment:
No testing the bottom boundary of the resistance zone
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Comment:
Still bouncing around inside the Resistance zone: Breakout to either side could accelerate hard.

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Comment:
Finally, nice breakout after retest of top boundary
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