This is the ETH/SOL chart
If it can't reclaim this area it is going to continue lower and its over
ETH looks like it wants to reverse against SOL though and if it does it could reclaim a lot of what it lost (52-60 range)
Yes im saying if it doesn't go up it's going down, but I think this point is particularly important, especially considering the ETHBTC chart, which is at the lows of a huge range
I'm in ETH btw but I could see another breakdown before an uptrend
If it can't reclaim this area it is going to continue lower and its over
ETH looks like it wants to reverse against SOL though and if it does it could reclaim a lot of what it lost (52-60 range)
Yes im saying if it doesn't go up it's going down, but I think this point is particularly important, especially considering the ETHBTC chart, which is at the lows of a huge range
I'm in ETH btw but I could see another breakdown before an uptrend
Comment:
rejected exactly where expected. This is where the ETH bid has to continue. If not it's looking bad. IMO ETH is still the play.