Browse Symbol Stacks: $ETH: slopechart_$ETH.jpg

Eth 

I was looking at something else yesterday and my 20/50/200 weekly study set followed me over to Eth on accident. 

Pure assinine luck that a cross happened to be in the cards for today. 

Last time this happened for Eth it traded sideways for about 10 days, and then proceeded to melt down about another 80% over the next couple months. 

Of course I had to go check out the king, Bitcoin. Slightly different path but similar outcome. Bitcoin went sideways for about 4 months, and then puked. (not shown) 

As in all things, this time could be different... 

Not a huge fan of big time scale moving averages when things are good. Don't need them. I am happy I mistakenly did this, given the circumstances.