Breakout from downtrend, 50% retracement, ETHBTC semi-bullish.
I think it's time for ETH to shine, I wouldn't mind a longer wick into orderblock below. If I don't get a clear buy setup on current orderblock I'll buy a reclaim of 200 level.
This monthly level is a good pivot for price,
short a close below, long a close above.
The weekly level in the middle of the monthly zone should be pivotal as well, long bias as the 4H is about to retest it and close above.
At most we should wick into mid 8's
Bear market was almost identical to 2014-2016 Fib wise.
2018 Bottom was on 150% of the 2013 top.
2017 Top was at 238%.
Next bull market top is going to be 250k and its bottom 50k, drink that cool-aid.
I believe this total crypto chart shows to me that we are not done being bullish.
Moon rocket support that started the bull-run in Nov 2017 was tested 3 times and broke the 4th time in Nov 2018. Same level was reclaimed and retested as support in May 2018.
Wheelchair support from Apr 2018 was broken Aug 2018 with a following bearish retest. May 2019 the same...