Ethereum (ETHUSD) - Falling Wedge

17 oct. 2019

A chart says more than a thousand words. In accordance with our BTC short-term bear bias, Ethereum might complete the formation of this falling wedge. There is a lot of confluence in that green box. I would like to see ETHBTC continue its ascend while BTCUSD keeps dropping.

ETHUSD
Market Cap:
$18,934,633,124 USD
2,362,273 BTC

21 oct. 2019

Note

Weekly high beautifully found rejection at the falling wedge. Price continues to trade inside the wedge.