Possible short term head and shoulders breakout

COINBASE:ETHUSD   Ethereum / U.S. Dollar
79 3
Finally some bullish numbers today. Possible head and shoulders breakout at the start of the Chinese New Year (Feb 16th, which can last two weeks). I feel this may just be short term bullish move. Litecoin is posting huge gains today on the news on their "LitePay" and it seems this is bringing new life and money into the market. Only time will tell but it's still nice to see coins in the green again. Market still bearish IMO ; was hoping to buy on the dip again. Still hopeful another major buying dip may be in the works before the end of February. Chinese New Year celebrations ending at the end of the month so hoping most of the major bull moves come first week of March. Have popcorn ready. This is not financial advice. Good luck to everyone.
South Korea gives good news on considering cyrptocurrency exchange licenses. So no more banning banter. Let the influx of money commence.
When or if people realize that "Litecoin Cash" is a scam as founder and creator Charlie Lee calls it... expect a swift market downward correction.
timyounkin timyounkin
@timyounkin, I guess since Litecoin is open source Charlie Lee can't say or do anything if someone want to fork off of his work.
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