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ETH/USD | Major breakout/down incomingETH is preparing for a breakout or breakdown. ------------------------------------------------- - Head and shoulders pattern in play. - Symmeterical triangle nearly done. - Possible ascending triangle still in play. > Looking at the volume it's contracting right now and trading range as well. < Looks like we will test the side wards resistance once more. If we break past it, it's most likely a ascending triangle in the works. Watching this from the sideline right now. Good luck
BITFINEX:ETHUSD
by ethhunter
2
ETHBTC is making another run at the Köppelmann Constant!Watch Flipper in action! ETHBTC has broken out, and is finishing the last breath of an inverse head and shoulders pattern. Tomorrow is Consensus 2017, where it is rumored that the Enterprise Ethereum Alliance will announce new members which were previously described as a "who's who of planet earth". The (adjusted) Köppelmann Constant 0.06822 is the ETHBTC rate where Ether PoW mining yields the same value as Bitcoin mining Also, it is the ETHBTC rate where Ether PoW expends more economic resources on PoW than Bitcoin I am VERY bullish on the ratio.
Long
by myownman
1