TegrityTowelie

TegrityTowelie Updated 

ETH has tested support on this orderblock and if it successfully breaks resistance I'm looking price action to hit the 2400 level, if that level is flipped support targets can extend to the previous high of the range at 2900. Keep in mind that ETH has it's event this month and the age old story is....Buy The Rumor and Sell The News. Take care everyone, have a...

TegrityTowelie

Have my fib levels drawn from the pivot point to the first local high on this recent move. If the 2400 area breaks and is flipped support I'm looking for target at the 2700-2800 level.

TegrityTowelie Updated 

Trend line is shown in white along with horizontal support and resistance levels. Great looking chart.

TegrityTowelie

I've laid two arguments before you with supports and resistances mapped out. Which attachment will you choose? Personally, the trend is my friend until the end.

TegrityTowelie

After Bitcoin has failed to break out of the previous swing high price we are seeing an increase in sale pressure from the bears. Most likely what will play out is the testing of the .618 Fib retracement followed by a nasty dump to 8.5k. These are just my thoughts and ideas and should not be taken seriously.