LoveDump

ETHUSD Inverse Cup and Handle

Short
KRAKEN:ETHUSD   Ethereum
There appears to be an inverse C&H forming on ETHUSD 1D. Stoch is about to flag sell, and the lower time frames are pointing lower. Pay attention to bitcoin as it can either take its second wave correction lower as there is a rising wedge that is it currently falling out of or attempt a run at a new ATH if is just going to make a larger channel.

Gator is not resting yet or looking like it is about to eat upwards. This could lead to some sideways action for days, but, I am very doubtful as we never see Gator sleeping on a daily time frame and all the fractals are under the teeth.
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