Ehtereum looks to be coming up to the end of the road for this pump. This a crystal clear Rising Wedge ETH has developed which is a Bearish Pattern. BTC is pulling a balancing act at the moment after breaking down out of its own Rising Wedge and is awaiting downfall.
Over the past few weeks, we have seen more and more of a delayed reaction between BTC's movements and ETH's movements. This is due to Bitcoins Dominance dropping and Altcoins getting a little extra juice. It seems BTC is taking the lead in this situation and ETH should follow suit.
~Targeting around 1700
~Invalidated if strong break above 2500
Over the past few weeks, we have seen more and more of a delayed reaction between BTC's movements and ETH's movements. This is due to Bitcoins Dominance dropping and Altcoins getting a little extra juice. It seems BTC is taking the lead in this situation and ETH should follow suit.
~Targeting around 1700
~Invalidated if strong break above 2500
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