ETH in channel and inside of falling wedge
Ethereum is moving inside of falling wedge and between range of $3550 and $3960 on daily chart. ETHBTC pair is moving slightly bullish and needs to remain bullish in order to for ETH to breakout above the wedge pattern. The move should be impulsive but also Bitcoin needs to stay in range or bullish at the same time.
Read my post about Ethereum and Bitcoin movement. ETH is stronger than BTC and it is outperforming big brother.
On the LTF the chart is having some volatility, but moving bullish in channel. We need to wait for breakout to take long position. Above $3,960 Ethereum will gain speed and move bullish.
Read my post about Ethereum and Bitcoin movement. ETH is stronger than BTC and it is outperforming big brother.
On the LTF the chart is having some volatility, but moving bullish in channel. We need to wait for breakout to take long position. Above $3,960 Ethereum will gain speed and move bullish.
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