HecknDoggo

ETH: Rising Wedge - short term risk

COINBASE:ETHUSD   Ethereum
After a failed breakout, ETH continues its consolidation but appears to be forming a rising wedge, which can be bearish in the short term. I may take some profits around the 460-470 range. BTC is showing strong bullish signs if it can close above $16,000 today, so alt-coins may see lower prices in the short term as the BTC bull rages on.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.