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moorbles
Sep 1, 2018 1:37 PM

Falling wedge and hidden bullish divergence on ETHBTC? Long

Ethereum / BitcoinBitfinex

Description

Running this idea to test an observation.

If this is right, an ETHBTC trend reversal is stirring up, might be aligned with bullish rumours on ETH futures and the block reward reduction from 3 to 2 ETH. Target for the falling wedge should be the level at the end of the arrow.

Let's see if it does the thing.
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