Etherum has now been tested by 11major banks in the world
Ether’s price action seems to have a built a broadening bottom and is awaiting a probable upside breakout. This would be a perfect continuation of the trade we posted earlier.
The current leg to the downside is called a “partial decline” and occurs before the breakout as can be seen from the Banc One Corp chart from 1995. Another perfect similarity is the declining volume inside the pattern. Ideally, if and when an upside breakout occurs, we should see a lot of volume accompanying the move.
Ether’s price action seems to have a built a broadening bottom and is awaiting a probable upside breakout. This would be a perfect continuation of the trade we posted earlier.
The current leg to the downside is called a “partial decline” and occurs before the breakout as can be seen from the Banc One Corp chart from 1995. Another perfect similarity is the declining volume inside the pattern. Ideally, if and when an upside breakout occurs, we should see a lot of volume accompanying the move.
