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mielonka
Jan 6, 2019 6:10 PM

Ascending wedge on ethusd (a reversal formation) Short

Ethereum / U.S. dollarBitstamp

Description

Since Xmas evening a reversal formation is emerging: ascending wedge. It would cause a correction for ethereum (sell-off) before a fork.

Comment

The formation is already broken in a log scale.

Comment

It played perfectly.
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