Ethereum / TetherUS
已更新

Two Timeframes and Two Conflicting Ideas for Ethereum

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There are two conflicting ideas for Ether right now.
The 1 Hr candles (or if you count the wicks on the 4 Hr candles) shows a rising wedge pattern.
This rising wedge is much clearer on BTC which is what leads me to believe it is more likely.
However the 4 Hr candles look like a nice ascending triangle pattern which, if it breaks to the upside should be very bullish .

Wait for the breakout on either side before deciding to buy, HODL, or sell.
注释
Trendlines updated. ETH matches up with BTC's rising wedge now, so I maintain a bearish bias 快照

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