Interesting chart of ethbtc. we are currently inside the falling wedge I got a feeling based on the chart that we might test the 200 EMA and it is also near the next major resistance at 0.025 sats.
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ethbtc have been testing if it can hold above the 200 MA 3 times since jan 4, 2019 going back almost 20 percent or more retracement.
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we passed above the falling wedge yesterday or is it a fake out?
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Looking at the bigger picture of ethusd. Im seeing eth below 100 usd if the orange line( 150 usd) will not hold. Im looking to buy near 40 usd IF it really goes to that level . With a marketcap of 20 billion Im just guessing. BTC halving will be next year.