Day Chart - 11K support did not hold - on the way to retest the 10k region for support (Coinside with the 180 day EMA) - Clear wicks on the candle sticks indicating rejection of price below 10K - RSI is showing lower highs, expect a continuation of the downtrend 4 hr chart - We might be retetsing the 10500 region new resistance line -Does not look like it will...
ETH technical analysis: - Broke out of the $370 major support. Testing the $335 region. - Might reach the $360 region after testing the new $335 support - Pull back down to retest $335 again. Possible Scenerios: 1) Break below the $335 if support does not hold. 2) Continue to test the $335 region and push back up to $370.