ETH.usd Heads Up at $216.39: Top? or Breakout for HUGE move?

Quick post as ETH heads to a very important level.
Plotted is a Fib series from the secondary $800 peak.
It has RULED the ether waves ever since, to be tested.

Tantalizing is the Wide Open Space just above $216.39.
As seen on chart, price moves quickly up to the next fib.
After such a run now, does it have fuel to hit high orbit?

Comment:

Moment of Truth:

Comment:

Nice Ping on our key level

Lets see if it holds.
BTC on rampage, another push by the King should give ETH the wind in sails to reach that next fib above around $271

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Comment:

Zoomed IN and a fib on the last small leg down

we see that original purple 5.236 was not quite touched, the new blue 2.236 ran interference.

The bounce overall is not looking quite as promising as it had, but if gets back above the blue 1.618 and then Pings it from above that would be a great sign.

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Comment:

Uh Oh

Exact rejection from the blue 1.618 a BAD sign,.

Will need to wait for BTC to go blasting again to consider an entry now.

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Comment:

Breakout Attempt #2

Perfect Ping on retest of the Key fib

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