Brisben

Ethereum Stuck In A 6 Month Falling Wedge

Brisben Updated   
BITTREX:ETHBTC   Ethereum / Bitcoin
Ethereum seems to be stuck in a large six month falling wedge pattern. On the 1 day chart we can see that the Stoch is oversold and the RSI is not overly strong, so I think we may see a return to lower support, especially if BTC runs past 20K. But we could see this wedge break in the next few weeks or early next year. One to watch for sure.
Trade active:
ETH has broken out of the falling wedge. Waiting for a close above the resistance line for a signal on further upside.
Comment:
Looking nice :)
Comment:
ETH is flying nicely now.
Comment:
ETH smashed through the majority of my targets. Great trade!
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