When I redrew my YEAR graph.. almost NOTHING changed. However, the past 24 hours brought trading up and down within a nice range that allowed profit taking if you surfed these waves.
For the most part, I am HODL on my ETH. Waiting for the final drop to the bottom, where I will buy more and trade often, during the rise, buying and selling on those waves. AT THAT TIME, my charts will be more 'micro' in nature, because I will be watching every movement as if my life depended on it (such is the life of a day trader LOL)
So when is the next big drop?
That's hard to say. I am waiting for FUD to kick in again... some bad news. I am equally sure, that if the market stays at this level, Team Evil will do SOMETHING to push things down.
Remember, a whale drop is not always a good thing. It can cause a rally upwards in the short term if the Bulls get too agitated. Also, at this point in time, whale drops don't make sense, as that it appears the market is holding its breath... waiting for the bottom, so we can all start screaming our way back up again.