Update: $ETH / $BTC , 1W



So, the index got rejected on the retest of yearly PP w/ rVWAP = 0.032 (+ TL), and now the obvious target is the lower boundary of the descending channel. Below, the monthly OB remains the main support and the most likely reversal zone if price gets there.

If the lower boundary of the channel holds, then I would expect another retest of 0.032, where it will already be important to watch the price reaction.

At the moment, RSI and L2KDJ are also showing a similar rejection to the downside.
ETH1.15%
BTC0.12%
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