Korean Won shows consistent bull pennant and passive reaction to BTC dump. USD markets are subject to manipulation by Whales that dump ethereum in tandem with bitcoin to maintain a desired ETHBTC pair price. This gives a good buying opportunity to those that trust that Korea is the canonical market for Ethereum.
Right on the green arrow! Daily chart shows a strong bullish reversal from our recent July low, with this breakout serving as further confirmation. With ~5 days of consolidation after our last bounce, Eth should see strong gains in the coming days.
SpielMeister
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Well on it's way back into the pennant. If we re-enter pennant in the next hour it's safe to say the false breakout is confirmed. Korea exiting the top of the 4hr cloud is a good indicator that momentum is good for re-entry.