ETHGBP - Rising Wedge - Not Looking Good

COINBASE:ETHGBP   Ethereum / British Pound
Rising wedge clearly formed on ETHGBP pairing, breakdown out of the wedge with a target of 100-95GBP will take it nicely to the 0.236 FIB which is also support from December plus R turned S back from late 2018.
RSI also showing Double Top although middle of the road, not yet overbought

The state of the oil industry cannot be excluded as an external factor that could have ramifications across the crypto world as bag holders start to cash in

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.