Second pullback of this breakout is starting here. It also happens to be a double top. Will be watching closely over the next hour to determine if this is breakout is beginning to fade or if we're ready for another run up. Keep a close eye on the volume through this dip.
Nice recovery after this 15m topping tail. Over 57700 would break the 1hr 200 DEMA and look very nice in the medium term. Considering BTC took a pretty heavy dip yesterday, a break back over the 200 DEMA so soon would be very impressive.
Seeing this reverse head and shoulders forming on the daily chart. A bounce off 54k would show some real strength. If this doesn't play out then I'll be looking for $42k as the next support.
Ethereum Classic vs S&P in the recent crash. Note the correlation in the major plunges. ETC has faired relatively well and recently has even outperformed ETH and BTC. Will be interesting how crypto madness in the coming months impacts that.
