Just wondering, why do you think the chart looks this bad. I mean if you are being a day trader then you are probably right. But this is something unique. You can not compare it with usual technical analysis patterns.
People will get burned so fucking hard from this. Now would be a good time to take profits from this altcoin pump! The chart is screaming for you to take profits guys!
I too have mixed feelings on this but i am more inclined towards the dump anyway.Ether had a pretty big market even before this pump and it is possible that people might just accept this price and get used to it but there will be a dump for sure cause mining is extraordinarily profitable right now.