ENG
INDEPENDENT CAPITAL BLOCKCHAIN FUND
10.09.21

Good exits of BTC & ETH from their harbors in the week-end’s doorway

An impressive 24-hour struggle for the absolutely critical level of 46820 has led to a price exit out of a consolidation triangle @46500. However, bulls’ capitulation is expected @45700 break only. The bears on ETH have also done their homework and managed to strengthen below 1-3-5 line of a squeezed bearish Wolfe’s pattern. We may suppose that both roads down the hills for 2 “crypto giants” are now clean and should wait just a little for the ultimate confirmations in the nearest 4-hour timeframes closure.