This is what I'm watching for ETHUSD.
Bullish case being we retest the blue dotted line with a slight rejection then break through. If this happens I would expect to see new ATH but 'expect' is a bad word in trading lol.
Bearish case is, we go up, maybe for a test of the dotted line then fall to the support box. Bounce a little then fall. Again if this happened, I would wait and hope for a long entry around the red box. Falls through that and it's lights out IMO.
Bullish case being we retest the blue dotted line with a slight rejection then break through. If this happens I would expect to see new ATH but 'expect' is a bad word in trading lol.
Bearish case is, we go up, maybe for a test of the dotted line then fall to the support box. Bounce a little then fall. Again if this happened, I would wait and hope for a long entry around the red box. Falls through that and it's lights out IMO.