Ethereum had a nice parabolic move to the upside along with Bitcoin on Oct 24th & 25th, and since then traded in a bull flag that recently broke to the upside.
Since the bull flag has played out however, we've seen a H&S play out, and now what appears to be a double top forming into another potential H&S pattern..
Since Bitcoin broke to the downside yesterday from a descending triangle Eth hasn't reacted much, interesting.
Since the bull flag has played out however, we've seen a H&S play out, and now what appears to be a double top forming into another potential H&S pattern..
Since Bitcoin broke to the downside yesterday from a descending triangle Eth hasn't reacted much, interesting.
Note
Once again, we're seeing bullish price movement in Ethereum while Bitcoin isn't correlated, interesting..
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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.