ETH has retraced the log support level twice now, with the 2nd hit being confluent with the 0.618 fib level. Seems to be forming a bullish flag with initial pt. of 2.5k - 3.4k.
A break through this log support would be bad imo, confirmation of the next leg up to 2.5k would be candle close above 1750.
A break through this log support would be bad imo, confirmation of the next leg up to 2.5k would be candle close above 1750.