Bitcoin

Falling Wedge

The 1-week candlestick chart for ETH is compromised

ETH reached a lower low this week than last week.

Right now BTC is 19,380 and ETH is 1044.

Seeing 1 of 2 realities -->

Reality 1:

BTC & Ether are in a falling wedge. This would be short-term bullish (before crashing to new lows).

BTC initially spikes to less than or around 20k. Eventually spikes to 20.500(ish), then crashes below 19k.
ETH initially spikes to less than or around 1100. Eventually spikes to 1150(ish), then crashes below 1000.

Reality 2:

BTC crashes below 19K now
ETH crashes below 1000 now

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.