wedge21

trend reversal

wedge21 Updated   
BITFINEX:ETHUSD   Ethereum
immediate trend is bearish but consolidation is ongoing. I am expecting the trend to be broken within a few days. Watch for the yellow resistance line. if broken, we should be bullish for a bit. keep monitoring BTCUSD as this pair is giving the pace of the cryptoworld those days.
Comment:
yellow line broken sooner than expected. exepecting the value to go up now.
next yellow line to act as resistance.
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