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Brisben
Dec 17, 2017 11:30 PM

Ethereum Stuck In A 6 Month Falling Wedge 

Ethereum / BitcoinBittrex

描述

Ethereum seems to be stuck in a large six month falling wedge pattern. On the 1 day chart we can see that the Stoch is oversold and the RSI is not overly strong, so I think we may see a return to lower support, especially if BTC runs past 20K. But we could see this wedge break in the next few weeks or early next year. One to watch for sure.

交易开始

ETH has broken out of the falling wedge. Waiting for a close above the resistance line for a signal on further upside.

评论

Looking nice :)

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ETH is flying nicely now.

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ETH smashed through the majority of my targets. Great trade!
评论
Krishan_94
so you think it will rise if it escapes the falling wedge ?
Brisben
Krishan_94
@Brisben, pay your attention to OKCash too..
MichaelShutterbug
@Brisben, thanks, in log scale it look even better and predictable. 0.058 soon and afterwars I'm not sure if 0.15 or 0.3/0.5 until summer. 0.15 would already be a good run.
Brisben
@MichaelShutterbug, Both of those targets sound rather ambitious. But I'll pray for you.
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