To test 20 days or 50 days support Zone

First Test Neckline, ETHUSD was rejected, which it is expected.

We guess maybe it will be developed in the following 2 Scenarios:
First Scenario: Back test 20 days support Zone, if it provide support, then it might test high again.

2nd Scenario: Back test 50 days average zone, then go up to test 200 days average.

Let's see if it goes in our guess scenario next.

Kommentar:

Kommentar:

Second Test of the Neckline.
General Speaking 3 tests might be a good practice.
Bear might want to hit it.
Let's see what reaction to the bear.

Kommentar:

As per expected. Bear Attack.