nagihatoum

ETHBTC in a descending triangle

Short
COINBASE:ETHBTC   Ethereum / Bitcoin
After breaking down from a rising wedge and doing a lot of maneuvering, price action finds itself in a bearish descending triangle. Maybe one more bounce before breaking down or down now.

Mind you ETHBTC is not affecting the small caps alts in their bull run. But a sharp move by ETHBTC will be reflected in these Alts just like a sharp move in ETHUSD and BTCUSD.

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