Ethereum can be seen to have moved nicely into a falling wedge pattern.
Personally I think i shot the gun a bit early with the decoupling call in 2018 but every day Ethereum moves further and further away from BTC.
As its infrastructure grows and marketable prospects exceed bitcoin.
BLX can be seen to be in a falling wedge and a rising wedge. To me this is an optimal time for decoupling to occur, however unlikely it may be.
I think for some time we will see Ethereum follow Bitcoin but eventually Bitcoin will end up following Ethereum..
I know this is pretty controversial so leave comments!
My previous Wedges chart
And my rising wedge chart
Personally I think i shot the gun a bit early with the decoupling call in 2018 but every day Ethereum moves further and further away from BTC.
As its infrastructure grows and marketable prospects exceed bitcoin.
BLX can be seen to be in a falling wedge and a rising wedge. To me this is an optimal time for decoupling to occur, however unlikely it may be.
I think for some time we will see Ethereum follow Bitcoin but eventually Bitcoin will end up following Ethereum..
I know this is pretty controversial so leave comments!
My previous Wedges chart
And my rising wedge chart
Note
Confusing times..
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.