ETHUSD 1W, First Major Target Hit

only time will confirm that.. Hard to Enter this market.., I out my money at 350usd..i feel that it will collapse on Monday..., I hope ur right..

@55982f5ae2494697b0bb273eb04d81, I don't expect a big collapse, but I am hoping it drops this week to make a bottom wick on the Monthly and soak up some liquidity to move higher in the second half of the month.

@Agren, ur thoughts, what support? Best no.s to enter?

@55982f5ae2494697b0bb273eb04d81, Check out my answer and chart in @okifinance's comment.

@Agren, I want to see a pullback to one of those grey support levels (330, 340, 350, 360) and see if one of those holds strong. Then I would wait for price to come back up and a previous minor pivot high for confirmation to buy.

@Agren, it's valid to say that my support is 305,300 and 290usd?

@MaksimTumbinskiif5ae2494697b0bb273eb04d81, 290.00 may be a good support area because it was a previous high. 305.30 is a weaker support. If price goes all the way back down to 305.30, it would likely break through it to grab liquidity. Look at areas where resistance has not been made into support yet. Notice how all my marked levels were resistance, then turned to support. 350.00 was a strong resistance but price didn't come all the back down to it, so it may act as support later. We have not seen a pullback to make support at 360.00 yet, so that may still happen soon.

@Agren, maybe.the support is 350, 360was not hard resistance.. Then next 330,315 ..

@55982f5ae2494697b0bb273eb04d81, We'll see how it plays out! This current breakout came from a long time of sitting in a range. I'm hoping it doesn't come back too much into the range. It would be nice to see the breakout point of 364.50 to hold strong.

@Agren, any chance this will go back down to 340 or 330?