ETH is looking to get back to the weekly 34WMA (white dotted) where it bounced strongly from on the 16th of July. (Currently, it is @ $146). Depending on what ETH does @ $146 will determine its future path. Most likely it will bounce from the weekly 34WMA again, but the energy of this bounce will be critical to understanding what will follow next.
https://www.mql5.com/en/charts/7412944/ethusd-d1-fxopen-investments-inc