ETH looks like an absolute train wreck still. Bitcoin rejected from the 21 week EMA, weekly EMA's (21, 50, and 200) are in a bearish stack now. ETH looking like it will follow, as well. I sold everything shortly after the last time I posted in November, and looks like I did really well! Sold Bitcoin at $61,000 and ETH at $4,450. Sitting on the sidelines, and waiting to find a good point to get back in. No signs of recovery or reversal yet, since the weekly Heikin Ashi candles are still red.
Comment:
Honestly, I'm looking for a bounce from (or even a wick below) the 200W EMA at this point... This is typically the line of max pain. Plenty of more room to go down, according to the Bitcoin fear and greed index.