One of these two trend lines is getting broken. I lean towards it being to the upside... hence having bought more ETH at ~$500 and also packing my altcoin bags.
Weekly candle currently looking indecisive, would be nice to see this push upwards a little before end of the day. IMO we need to watch the weekly close showing buyers overpowering sellers (green hammer pls) and the lower trend line to be respected.
Seems like an area of maximum opportunity for ETH & Alts to me, but ready to be wrong and to flip my more short term bags to USDT / BTC / ETH (whatever your flavour)
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broke below the bottom trendline... although signs that a reversal could be in (ETHBTC bull div chart shared on my page)
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lol broke down, broke up.
confluence with BTC dom looking topped out makes me lean towards ETH rally against BTC plus alt szn vibes