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
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
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