Rising wedge

Technically we broke below a rising wedge which is very bearish. The target is the bottom of the falling wedge or the blue .786 fib level. That would be a huge dump but, if we get back into the rising wedge and catch support, we could keep pumping. Looks a little more likely to dump but still has a good chance to reverse. I think a lot also depends on BTC. If btc dumps, it will confirm this wedge but if it pumps, we could see a big reversal on ETH.