ETHUSD on Bitfinex - wedge still intact and double bottom.
I usually trade on Kraken but look at Bitfinex as a determinant of market direction. ETH is still solidly above support and forming a double bottom . With BTC close to breaking the 200 MA on the daily chart , when will the market finally decouple ETH and BTC movement? I'm sure there are thousands of shorts just waiting to be squeezed. Etherium is a solid project with many tokens in the network. Can we move on already from BTC obsession?
You can clearly see the double bottom printed, which could be a strong indicator that ETHUSD will make a move toward resistance at around $1100.
You can clearly see the double bottom printed, which could be a strong indicator that ETHUSD will make a move toward resistance at around $1100.
rmrezai
BTC is crap, but seems to be driving everything
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