Ethereum - chart not as bad as it looks!

Updated
The ETH Cup and handle breakout is currently coming back and retesting the old resistance level.

High probabilty that the old resistance level becomes strong support. Looking for buy signal on heikin ashi smoothed (on chart) and watching relative volume closely .

Target is $6400.
Note
Ethereum - bears back to the Cave for hibernation!!
Note
Buy signal showing up now!!

snapshot
Chart PatternsCryptocurrencycupandhandlepatternETHEthereum (Cryptocurrency)ETHUSDheikin-ashiTrend Analysis

Disclaimer