Ethereum is headed further down on the BTC and Dollar pairs. This is largely due to the ripple effect of the current uncertainty in Bitcoin's price.
We still have more room to move down on the dollar pair before I'd consider going long ETH. Just my thoughts.
We fell back into the upward channel I drew towards the end of November, and have been following it quite cleanly. I'm bullish overall, but do expect some bumps along the way...I'll be buying along the bottom of the channel on the way up.
Some people see a head and shoulders forming, but historically I don't think that pattern works well with BTC. Additionally,...