ETHUSD Rejected Off of $1784
ETH rejected off of the $1784 level (0.786 Fib) after not having enough momentum to break through it.
From here, ETH is looking like its trying to find support at the previous 2017 ATH level at $1594. If it can't hold this $1594 level, then its going to retouch $1435 before moving back up.
I'm not expecting a reversal until at least after the weekly close, its going to bleed a bit before moving back up.
I'm looking at the $1373 - $1435 range for re-entry
From here, ETH is looking like its trying to find support at the previous 2017 ATH level at $1594. If it can't hold this $1594 level, then its going to retouch $1435 before moving back up.
I'm not expecting a reversal until at least after the weekly close, its going to bleed a bit before moving back up.
I'm looking at the $1373 - $1435 range for re-entry
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