Possible inverse head and shoulders action going on, we will need more confirmation on this but if the call holds true we are looking again at a new all time high dancing around the 57-60 usd.
Things to note: even though this call might be to small of a sample to ride off with, this is directly correlated with COINBASE:BTCUSD If this continues to drop as I foresee it will with the current forking mess and people wanting to secure profits. We will see ETH take off.
My initial position this A.M is still holding weight and that is why I am very skeptical of this call and hope the current trend will break on this chart. Here: coinigy.com/s/i/58d84e0e/coinigy.com/s/i/58d84e0e/