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FutureBlockchain

ETH - is a retrace imminent ?

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Ethereum (BITSTAMP:ETHUSD)  
FutureBlockchain  
BITSTAMP:ETHUSD   Ethereum
Trend Analysis Technical Indicators Chart Patterns ETH ETHUSD ether Ethereum (Cryptocurrency) ALTS Bearish Patterns Divergence correction Wedge
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trendanalysis indicator chartpattern eth ethusd ether ethereum alts bearish divergence correction wedgepattern
Hi all,

Just like with BTC, there is a bearish divergence for ETH. We could also see how the price reacted once it touched the upper boundary of the rising wedge today. Not looking good. A correction to $1,530 is quite possible, so will be monitoring the development here.
Cheers,
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