Katie Stockton, founder of Fairlead Strategies, on the technical signs pointing to a major low for ether "We have to isolate absolute terms and relative terms. In absolute terms, Ether is in a downtrend much like Bitcoin, but this is a cyclical downtrend that you could view within the context of a gradual secular uptrend" "There was some very long term support based on an uptrend line that held in this recent low we've seen from ETH, and we feel that could be the first step towards a major low" "It shares the same types of indications of downside exhaustion, slightly different but with the same takeaway on the monthly chart. We had an oversold retest on the weekly chart, and some improvement in those intermediate term indicators as well"