ETH takeoff seems likely

407 4 2
I haven't published any charts in a while. Thought this market needs exposure. I see a dozen different reasons in this chart to think ETHXBT             is looking like a great trading opportunity. Happy Trading.
Didnt go very well
There are some interesting levels coming up if the first one goes.
Jake Bernstein, a well-known commodities trader of the 70s, once opined that: "when your time-tested indicators stop working, something big is afoot."

Clearly, I was not just a little wrong about this forecast, but very. Shortly after publishing this, I noticed that ETH was acting weaker with each passing moment, rather than stronger. It is now likely, imho, that ETH will test the recent lows of $8-$9 before rallying again.
Totally agree, this rocket could just be pausing for some serious liftoff putting the previous rally to shame
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