This is my analysis on Eth, comparing it to the 2017 cycle, during the period of Nov/Dec 17, price formed similar structure as to current price action.
There were previous rejections as resistance(Blue box), price broke above making a higher high. it then pulled back to the previous resistance as support(Green box)
Price then proceeded to go up 260% at the top. On 08/01/2018 the top was in. Now it is one week earlier, it is 22nd Nov is the current retest.
See Charts attached below.
There were previous rejections as resistance(Blue box), price broke above making a higher high. it then pulled back to the previous resistance as support(Green box)
Price then proceeded to go up 260% at the top. On 08/01/2018 the top was in. Now it is one week earlier, it is 22nd Nov is the current retest.
See Charts attached below.