I don't trade Eth either. I feel like I must keep an eye on it as a bellweather, it being number 2 crypto and the internet meme of it some day overtaking Bitcoin.
Additionally many cryptos are doing the 'new ATH WOOPSIE, WE LIED ITS A DOUBLE TOPS SUCKA!!!' thing. I think Eth is going to say a lot about what some folks propose as the 8th and 9th inning of this bull run.
Browse Stacks: Trading: Crypto: slopechart_$ETH.jpg
slopechart_$ETH.jpg
ETH - update
Well, it has fallen below 4k and stayed there for more than 11 seconds. Except Mr. Chart says 4k is just a number in human's minds, what matters is support from the top of the triangle. Bounced for now. Break below $3,750 might unleash more animalistic reactions.
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But the 3750 is awfully close to a long time support range around 3800, which IMO are the real test levels, because there's something important there in those numbers we aren't privy to.
As I say, no dog here, but I love seeing how things play out on the charts. 12/13/21