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enoch87
Jun 22, 2017 1:11 PM

ETH where will you go? 

Ethereum / U. S. DollarKraken

Description

Today seems to be a key day for ETH with an important conference happening, which could shatter some of the TA being put out there. Market Psychology will trump TA's if the will is strong enough.

The formation on the 6HR chart seems to indicate lower highs forming with a bear pennant formation occurring.

Be on the lookout for a couple of key levels and entry points.

$330 seems to be the next fib retrace resistance level
$280 seems to be the next fib retrace support level.
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