EthereumUpdated Ethereum is at resistance. What will happen next phase?
Hi friends. welcome to my chart.
Ethereum was quite strong while BTC dumping slightly today. I think this was a fake break down (Bear trap).
And now ETH drew a rising wedge in 4H time frame, but normally if rising wedge resistance line break out, ETH can continue grow.
We should keep watching.
Minimum target is 190.
BTC dominance will hit 70 again in the coming two weeks I believe.
Ethereum was quite strong while BTC dumping slightly today. I think this was a fake break down (Bear trap).
And now ETH drew a rising wedge in 4H time frame, but normally if rising wedge resistance line break out, ETH can continue grow.
We should keep watching.
Minimum target is 190.
BTC dominance will hit 70 again in the coming two weeks I believe.
Note
Ethereum my second king of crypto asset break out resistance.If BTC doesn't lose mometum, Ethereum will also grow.
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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.