ETH - 1h chart - testing support

Good morning!

Today it is interresting. As we all know We are in a interresting phase. So let`s do some quick ETH analysis. What we can see is, that we bounced from the trendline. Ok the trendline is only 2 points strong. But i have my watching level defined. 

Now let`take a look into the picture

As you can see i have market the support zone and i also added a Fib retracement. If this ist the low, then it could be a bounce back. If not, well then my friends we are gooing to test another area. 

My plan:

- I will wait until we have broken the support to go short or in the other way i will wait for a candle close above the yellow market zone. Maybe i will wait if the next pump hits the trendline but anyway. 

No financial advise , this are only a few ideas from a crazy developer :-)