Ethereum Daily Analysis #5 14-07-2017 100 USD POSSIBILITY?!

R.K.O from nowhere!!!

*Poloniex Chart, Timeframe 1Day=1Candle, Price at the moment 190 USD

Dear Lazytraders,

if we manage to close below 187 USD we will see an extension into possibly 100 USD(yellow Circle)
However if we close above 187 USD we will still move sideways.
We are still trading in a tiny range(blue rectangle)

RANGE: Between 237 USD & 187 USD

FORECAST

1: If we close below 187 USD we will see a bearish extension into 100 USD
2: If we close above 187 USD we will see a sideways continuation within the mentioned range

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Disclaimer: Im not promoted or paid for to use certain tools nor is this investment advice its just my perspective on the markets and thus just for educational purposes.