24 hours are on and there is still no clear picture of what's going on. The break out levels are very wide:
- $337 to the upside;
- $275 to the downside.
Both levels trigger continuation when closed above or below on the daily basis respectively.
The upside volatility based target of $375 is conditioned by the strong 13&34 DWMA (yellow & blue) confluence resistance zone currently beginning @$320.
The downside volatility based target of $145 is equally questionable for the market is being supported by the strong 89 DWMA (brown) currently @ $283 and further down @ $213 by even stronger 34 weekly WMA (white dotted) where ETH strongly bounced from on the 16th of July when the WMA was @$134 at the time.
At the moment there's no point of updating the rest of CCs for they all move in sync and have equally unclear directional picture.
https://www.mql5.com/en/charts/7596291/ethusd-d1-fxopen-investments-inc