The price(well, value in this case lol) fell out of the rising wedge, after which it formed a lower high- which then turned into Head & Shoulders, and finally closed out the pattern by breaking the baseline.
Waiting for break of 44.44 for a stronger confirmation.
The idea is also backed by the previous ETH/BTC idea I posted (check related ideas below) as the price seems to have stabilized above the local dynamic resistance.
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