Setting some FIAT aside in anticipation of ETH correction incoming. Looks like a Failure Swing as indicated by the RSI above 70 failing to make a new high, and breaking the previous RSI low...last time this happened in summer of 2017, ETH found itself in a downtrend (compared to BTC) for several months.
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Down down down she goes...RSI still not into oversold on the daily. ETH not at bottom yet
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Over 30% drop since my call of the failure swing. ETH finally came to rest on the .618 retracement/historical support/resistance level. This is not investment advice, but I used up a good bit of fiat to take advantage of this pricing.
Although, if you look at last time this happened, we're not out of the woods yet by any means...
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