#Ethereum failed to close above 2724 on breakout. The following 3 candles confirmed that rejection. All that happened during Asia session, so obviously I wasn't watching it live.

#Ethereum made 3 touches of that resistance at 1 hour chart, so it is weak now - high chances for breakout. To make it sure got to close 1H above ~3724. The only thing I can't predict is how far it will fly. Can only guess nearest levels to watch PA.



Rejection and dump happens if $ETH close 1H below breakout level around 2680. Basically any long wick above that level on closed candle will be bearish. If happen so. All depends on BTC.