ETH bouncing after touching 1470.

As predicted ETH is bouncing off 1470-1475 that is the first line of support, it is under DO, if it is able to overpass it we can see 1530 and 1560 ( good spot to short ); i look to sale any real bounce, always checking RSI prior opening a position that is on overbought condition and try to sale on resistance with tigh stop; ETH looks weak i do not see any real bullish activity but just bouncing off oversold conditions.