The chart in ETH/USD now shows us two VERY similar patterns after significant runups. The first descending wedge formed after a small symmetrical triangle. That broke out very nicely. Now it appears that we may be looking at a nearly identical descending wedge right on the heels of the first.
The wedges and small triangle are outlined in green. And, remember, we are now in clear breakout territory from an inverted head and shoulders pattern that indicates a MINIMUM target of right at 300.
Let me know if anyone here would be interested in a video presentation of these charts. 3-5 minutes long and published on YouTube.
The wedges and small triangle are outlined in green. And, remember, we are now in clear breakout territory from an inverted head and shoulders pattern that indicates a MINIMUM target of right at 300.
Let me know if anyone here would be interested in a video presentation of these charts. 3-5 minutes long and published on YouTube.