Cup and handle remains in play - the handle is in a nicely predictable downward channel that shows ideal entries for the expected upward launch (eventually) from the cup and handle pattern. Should the price drop below the red support, all bets are off. Traders may find opportunities to scalp within the channel, and HODLers may find this a good opportunity to...
Does bitty respect the 0.5 support again (as it historically has) or bounce off the bottom of the channel? Or... does it blow past both? We're close to knowing.
All PA under the 50 EMA on the daily since mid-December. The 50 EMA is coming in like a Tomahawk on the 200 EMA (Death Cross). It's not rocket surgery - should be able to figure this one out.
Hate to say it, but looks like Ether is in for a little correction. Prepare. I don’t believe its action is a show stopper for long term bullishness, but as any cryptocoiner would admit, “We’ll have to see.”