Ether drops back below $1,800 again

Following on from an earlier update here on Ethereum (ETHUSD), the second largest cryptocurrency has now fallen back underneath $1800. Earlier it was noted here; that Ether was far from out of the woods, notwithstanding the earlier rebound to 1850. The risks of a deeper fall below the noted double bottom at 1,705 have not yet been removed. The price is falling right now to fresh session lows as the earlier positive momentum seems to run out again. The immediate 1760-1850 is still intact though and until either side cracks the next move for this one looks a little indeterminable at present. ETHUSD has just traded to a new session low at 1789.60. It is currently trading at 1794.90