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Ethereum (ETHUSD) - Falling Wedge

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
A chart says more than a thousand words. In accordance with our BTC short-term bear bias, Ethereum might complete the formation of this falling wedge . There is a lot of confluence in that green box. I would like to see ETHBTC continue its ascend while BTCUSD keeps dropping.

BITFINEX:ETHUSD
Market Cap:
$18,934,633,124 USD
2,362,273 BTC
Comment: Weekly high beautifully found rejection at the falling wedge. Price continues to trade inside the wedge.

Comments

Nice call! We've been short since about the $180 level
Reply
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