I'm a bull for eth if BTC moves upward. We have recently broken a bear trend and I wouldn't be surprised to get some good upside should volume return.
Currently in an ascending triangle on the daily.
I'm watching this badboy closely.
BTC rallies hard on the back of the Iran news but I'm not convinced the bullishness can sustian unless we break out of the descending wedge. Let's see how this plays out.
I'm stil leaning toward a final leg down before we find a floor for Bitcoin to start a new trend.
Litecoin, just like Ethereum is in a descending wedge and is looking for a breakout on at some point in January.
I predict a revisit to early $0.30 cents will be followed by a sharp reversal to the upside.
Ethereum looks poised to breakout from a descending wedge on the 3 day chart.
With many predicting a short term bleed to the downside short term the macro chart is telling us that a reversal is now very close.