Comparing ETH to the March fall

Something I'll be watching. Seems like a similar move. I think with the comparable volume climax this may have been a bottom. Getting a lot of mixed signals from other charts that I'm still pretty unsure. Sitting it out until at least the weekly close.

Kommentera:

It's also entirely possible that we're just doing some kind of bearish re-test, too. Other charts look more bearish and are kind of the reason I think that we could fall a lot further. I just don't see any reason to take a position right at these levels. I feel like we'll get a better idea of direction relatively soon.

Bearish re-test example:

Kommentera:

It was showing signs of a possible rising wedge on this overnight breakdown but has caught support on this channel. Want to see how the legacy markets open this evening to re-assess but looks to have support around this area for now