ETH is in a dangerous zone.
It seems it already break the support line and the only way left is the downside
Watch the red wedge pattern, It breaks out the wedge pattern with upside movement
but as BTC is wavering around the support line, ETH seems to reach the ceiling.
This specific wedge pattern breakout is called "overthrow"
I am seeing it as a great opportunity to short.
BTC will reach 6K within a month.
BBP
It seems it already break the support line and the only way left is the downside
Watch the red wedge pattern, It breaks out the wedge pattern with upside movement
but as BTC is wavering around the support line, ETH seems to reach the ceiling.
This specific wedge pattern breakout is called "overthrow"
I am seeing it as a great opportunity to short.
BTC will reach 6K within a month.
BBP