alouaked

alouaked

Similar pattern is showing in the ETH/$ chart .

alouaked

Looking at the daily chart we can see a clear symmetrical triangle form. In theory, this indicates a continuation of the trend (ie bearish). The declining volume also confirms this theory. A break should be imminent. if bitcoin price slides as well, ETH could dip very sharply. please feel free to comment on this analysis as you see fit Thank you :-)