ETH Analysis

Drew these Blue arrows starting back on July 16th and so far so good. 1700 seems to be a pretty big testing point with of course some "blow off top" reaching close to 1800. In order to break that 1800 barrier I believe we will need to go down to retest right above 1400 and it is even possibly that we test lower around 1270 before rebounding and making new highs around 2000. 2000 is a very large phycological resistance so we will definitely fall from there and likely test 1700 again at some point after that. I sold all my ETH around 1700 the first time it tested the area and I plan to DCA back in starting at 1400 and lower.
Support and ResistanceTrend AnalysisTrend Lines

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