ETH is forming a similar pattern with it's VWAP taken from ATH as it did in 2018.
Commento:
Here's the 2018 Picture:
Commento:
Commento:
If ETH is to follow the 2018 pattern again, it aligns with the potential formation of a rising wedge.
Commento:
Commento:
This idea is invalidated if ETH holds the VWAP as support and continues significantly higher. Perhaps forming a parallel channel or breaking out of that hypothetical channel.