#ethereum - Hitting Target 2 of Bullish Wedge
Dear Traders,
a short update from my side, today Ethereum surpassed Target 2 of the bullish falling wedge and also trying to overcome it´s yearly Pivot at the same time.
As you can see for this pattern there is still some room left for upwards movement, until we have to throw away this view and recalculate future possibilities.
Despite history, this year started extremely green for crypto assets in general and also alts have picked up fulminantly, looking towards ICX for example.
Currently BTC dominance is decreasing which might indicate that we have at least a good period of time where stability could make us happier than the entire last year.
We all know $200 is psychological mark for ETH, so please keep a good eye out for short-term corrections or sidetrend.
All the best.
Neru
a short update from my side, today Ethereum surpassed Target 2 of the bullish falling wedge and also trying to overcome it´s yearly Pivot at the same time.
As you can see for this pattern there is still some room left for upwards movement, until we have to throw away this view and recalculate future possibilities.
Despite history, this year started extremely green for crypto assets in general and also alts have picked up fulminantly, looking towards ICX for example.
Currently BTC dominance is decreasing which might indicate that we have at least a good period of time where stability could make us happier than the entire last year.
We all know $200 is psychological mark for ETH, so please keep a good eye out for short-term corrections or sidetrend.
All the best.
Neru
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