SHORT: Going to 350-360$ Extreme Support level. LONG: 600 $. ETH is still in Huge Triangle, and he need to find the exit (breakout). SELL LEVEL: 405-410 $. BUY LEVEL: 350-360 $.
50 % chances - bearish trend. 50 % chances - bullish trend. Bullish: - double top - major support - big buy volume Bearish: - trend - panic sell - weak support
NOW: 7450 $ SHORT: 8750 $ NEUTRAL: 5500 $ LONG: 11250 $
Next target: 9000 $. 2 ways: - GREEN (fast) - RED (slow) Entry: 7250 - 7500 $. Sell: 8750 - 9000 $. SL: 7000 $.
Prepare for the BULLRUN. HUGE cup, 50% Fibonacci retracement level, too strong major support. 7100 $ SL. 8900 $ TP.
1 st support level - weak. 2 nd support level - weak. 3 rd support level - panic sell?
High possibility for Bullrun.
1st support: 420 $. 2nd support: 410 $. Target: 700 $. SL: 400 $.