MrWagner

MrWagner

It could go up to 10k again, but who knows…

MrWagner

Looks like some movement upwards inside the channel is imminent. No idea when this correction ends. Maybe after 8000k. Who knows?

MrWagner

Sketch with a straight line drawn using 2 points only.

MrWagner

If ETH does not drop below ~200€, we might get – as others have already suggested – a rising wedge. However, this is heavily dependent on how BTC develops (I put its chart in the background for comparison). I also want to note that the upwards movement would start at the end of October – when China ends its domestic trading.

MrWagner

Let's see how far we drop tomorrow…