The author was following closely the last few day a very interesting chart:
The actual (up-to-date) version you can find here -> http://slacknation.github.io/medium/13/13.html
Why is it interesting?
Check, how the etc/eth price is leading and the miners hashrate is following.
Whenever the price (green line) crosses the etc/eth hashrate (red line) you can expect the change in the trend. It happened right before etc/eth exploded. And it also happened yesterday at what we expect to be the top (wave 5). Also interesting to see that there were several attempts to make this “death cross”.
Time will tell if this rule will persist.
As usual, it is not a trading advice. It is for your education and also an act of sharing from what the author experiences daily.
Enjoy your day.