At the moment It seems to me that ETH has just ended wedge with with increasing wave's fluctuation. However two scrips are possible. either wedge represents wave X or just the first wave. The drop might be connected with the sharp surge of BTC or the its plummet.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.