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The Grill Sergeant
@grillsergeant
ETH As ugly as it has been, ETH held above the key trend line. Daily reversal failing today. For my spot bags, I am not worried regardless as it likely that ETH will some day make ATH again. For my options buy during that early Feb wick down, I am happy to see this level hold because options expire March 21. So I need to see ETH break out of this downward trend by then or those options are cooked. ETH/BTC, chart 2, looked like it had made a major low that day. So far that is still the low, but it is concerning that this was clearly rejected at the bottom of the channel that it had broken down from.
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