One interesting thing to note, is that much like LTC was, ETH is falling in a . Perhaps the LTC breakout has dramatically led ETH and other cryptocurrencies that are in a similar technical position. That being said, if ETH does manage to break out, it could be very powerful. In fact, we could see a rally all the way to the 167 level, should price break out above this .
The has printed major divergences, but has yet to cause price to react to the upside. So, keep a close eye on the direction we take, between the top of the and the 50 .
I'm the master of the charts, the professor, the legend, the king, and I go by the name of Magic! revoir.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***