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Never risk more than you can afford to lose.
Always DYOR.
ETH has already made a Quasimodo pattern in weekly timeframe just luke BTC, but the most important difference is that, ETH was bearish for ten consecutive weeks whereas BTC was for eight weeks. and both of them have already lost their momentum.
As one may notice on the above chart BTC has stuck in a wedge and during last two weeks ths tendency of price has changed, but in ETH it is still bearish and getting weaker.
Since Quasimodo is a kind of head and shoulders pattern, then the price may crash a little more and then starts a new side way trend before main rally.
This is a personal idea and I am not a financial adviser.
Never risk more than you can afford to lose.
Always DYOR.
ETH has already made a Quasimodo pattern in weekly timeframe just luke BTC, but the most important difference is that, ETH was bearish for ten consecutive weeks whereas BTC was for eight weeks. and both of them have already lost their momentum.
Since Quasimodo is a kind of head and shoulders pattern, then the price may crash a little more and then starts a new side way trend before main rally.
This is a personal idea and I am not a financial adviser.
