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coinselor
Oct 17, 2019 4:45 AM

Ethereum (ETHUSD) - Falling Wedge 

Ethereum / DollarBitfinex

Description

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