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PipEze
2018년 2월 28일 오후 6시 50분

ETH - Rising Wedge - Potencial Price Drop 

Ether / United States DollarCoinbase

설명

ETH/USD is forming rising wedge pattern.

All in place:
- at least two reaction highs to form the upper resistance line, ideally three, each reaction high should be higher than the previous high
- at least two reaction lows are required to form the lower support line, each reaction low should be higher than the previous low
- ideally, volume will decline as prices rise and the wedge evolves

REMEMBER - always wait for confirmation.

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Drop is coming

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Descending triangle found after wedge broke downward
Another sign of down-trend

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ETH broke bottom of descending triangle.
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Dieter1983
So your thoughts are it might go down? Al I understanding it correct?
PipEze
@Dieter1983, Looks this way, but as any pattern it has to be confirmed to prove it's correct.
PipEze
@Dieter1983, and as You probably remember there already was one bigger rising wedge - proven correct
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