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$ETH.D Ethereum Dominance 1W Analysis
There is a clear pink W bottom thats possible here.
Double bottoms are basically programmed into the algorithm.
There is also a green falling brodening wedge. These breakout to the upside 68% of the time.
Looks like a classic ABC correction that is nearing completion in the green falling brodening wedge.
Price needs to get over that yellow 1W 200MA.
There is also a white cup and handle pattern inside the green falling brodening wedge.
This cup and handle has broken out to the upside and is attempting a bullish retest of the breakout right now.
$ETH.D Next Targets
1) 18.51%
2) 20.04%
3) 26.94%
4) 36.52%
NFA, DYOR ⚠️
#Crypto #Trading #ETH