Ethereum had a nice parabolic move to the upside along with Bitcoin on Oct 24th & 25th, and since then traded in a bull flag that recently broke to the upside.
Since the bull flag has played out however, we've seen a H&S play out, and now what appears to be a double top forming into another potential H&S pattern..
Since Bitcoin broke to the downside yesterday from a descending triangle Eth hasn't reacted much, interesting.
Since the bull flag has played out however, we've seen a H&S play out, and now what appears to be a double top forming into another potential H&S pattern..
Since Bitcoin broke to the downside yesterday from a descending triangle Eth hasn't reacted much, interesting.
Comment:
Once again, we're seeing bullish price movement in Ethereum while Bitcoin isn't correlated, interesting..
