Ethereum’s Wedge

Market Research
Written By Guest User
Ethereum chart as of approximately 1pm ET, 9/14/21.

Ethereum chart as of approximately 1pm ET, 9/14/21.

Ethereum is currently forming a wedge pattern on the 4hr chart that started last week. Since its dip last Tuesday, Ethereum has been consolidating in this area. Right now it’s found resistance at two trend lines, however the longer it stays in this range, the more power bears are likely to lose.

Guest User
Previous

Google Takes Giant Step To Powering Web 3 With Dapper Labs NFT Deal
Next

New Bitcoin Core Update Adds Taproot