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During big changes in fundamentals, technical analysis can really lead you down the wrong path. LTCUSD recent few weeks is a really good example of that! Essentially, due to the Segwit activation bad blood, fear, uncertainty and doubt were sprayed all over the place, having a significant effect on the price.
Today's price action comes from several tweets during...
ETHUSD seems to be entering a tightening wedge while BTCUSD looks to be headed to a double top. When BTC breaks down, Ether should see new all time high. Lately there has been a lot of upward movement with BTC, normally meaning Ether should go down. Ether has taken the brunt of the assault very well and is extremely well positioned for a new all time high on 4/21.