Great finding!
I being following ur posts, but seldom login to comment.
wish to get ur opinion on the btc and eth chart. now it seems to be a narrowing wedge, what will u think happened after that?
will some events happen on 11/11/2018(2018=11) lead to a spike up/down ? thank u
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Hey, thanks for the comment.
I have never studied ETH well, but when I look on coinmarketcap at the logaritmic scale, I see that on 31 July 2018 ETH fell through its historical ascending baseline.
I made a chart here:
ETH now being at 0.033 BTC, the descending resistance line suggests that it will be very difficult to double its value in BTC.
The general trend for over a year looks rather downwards.
But I don't know too little of its fundamentals to say it will catch up and outperform BTC or not.
On the smaller time frames it is just a guess for anybody.
Cryptokirby is a swingtrader on YT that likes to play these breakouts, he may be more competent than me on this subject.
Hope you find these thoughts somewhat useful :)
thank you !