Hey, just looking at the charts and see a nice cup and handle forming. As you can see i've outlined the cup and handle of the trading pattern. What makes me think this is a valid cup/handle is once we finished the cup portion we had a nice 30% drop then recovered, and now we are experiencing a 16-17% drop. I expect from here that we will move up 7% fall back 4%...
As you can see we broke out of the bull flag and now are hanging out in an ascending channel, looking for a break up once we breach the upper limits of the channel. I expect to see a run up to .05, then a slight pull back, then a day or so push too .06.
I see a lot of negative posts on here about the recent price action, but if you zoom out it's a another story. Clearly you can see the trend lines, I've made two of them, and in the long run they both show positive growth. To me it's all about perspective, if you believe Ethereum's' price action is poor right now, then just look at the yearly chart and see how...
