Updated

ETH and its ATH VWAP (3D)

ETH is forming a similar pattern with it's VWAP taken from ATH as it did in 2018.

Note

Here's the 2018 Picture:

snapshot

Note

snapshot

Note

If ETH is to follow the 2018 pattern again, it aligns with the potential formation of a rising wedge.

Note

snapshot

Note

This idea is invalidated if ETH holds the VWAP as support and continues significantly higher. Perhaps forming a parallel channel or breaking out of that hypothetical channel.

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Also on:

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.