Here I am putting in perspective what institutional investors are looking at. There is a lot more that goes into the price of Ethereum than technical indicators and trend lines. However, the wedge and/or triangular patterns formed over the LONG TERM are generally respected. With this in mind, I've displayed what I think is a possible track for Eth and when and where the next low risk area of investment exists.
Comment:
The decent has begun. Let's see how much liquidation occurs before we move back up. As of now this idea is still valid.