ETH - Perfect Test & Bounce

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To fully understand this post you will need to refer to our 3 previous posts. Here is the play by play of chart analytic mastery.

ETH - Lots of Crazy Important Lines


In this first post we made almost 2 weeks ago we outline "ETH'S CRAZY IMPORTANT LINES". In this post there were a lot of lines drawn and what we were saying was ETH was about to have a 20%+ rally to test the green trendline that we labeled "WATCH TRENDLINE".

ETH - Charts Don't Lie


Then we made an updated post titled "ETH - CHARTS DONT LIE" once price had teleported to our green trendline. This was establishing our green trendline as a very key level.

ETH - Pullback Incoming


Once price had broken above the green trendline we made a post titled "ETH - PULLBACK INCOMING". What we said was ETH was likely to have a pull back that would bring us back to the green trendline marked "first support".

Fast forward 3 days and to the exact dollar price tested the green trendline and has seen a solid bounce so far! Hope you have been able to follow the incredible technical provided in real time by Viaquant!

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