ETH/BTC! Falling Wedge almost completed I'm waiting for my white support line to be touch for a bounce confirmation to the upside. Please let me know what you think of my technical analysis and thank you.
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ETH/BTC! Possible breakthrough of it's falling wedge.
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ETH/BTC! May 25
ETH/BTC! Falling Wedge almost completed I'm waiting for my white support line to be touch for a bounce confirmation to the upside. Buy target reach. Please let me know what you think of my technical analysis and thank you.
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ETHBTC UPDATE! ETHBTC! Heres my thoughts on ETH. I think ETH is currently in a ascending triangle and it has room to grow. The uptrend is becoming stronger and the trend is reversing to the upside. I think ETH will test the .033396 resistance. If that resistance is broken I do see in the future of a possible target being at .04 which may take some time. In addition the 4 hour chart is over extended, so a pullback to around the .03 area won't be as detrimental to the trend and the reason why I say this is because the day trend is currently strong but the next hour will confirm the day trend. If the day tren is rejected I do see the same support as the 4 hour chart. ETHBTC! ETH have to break its current resistance at .032995 to be able to up trend to my next target at .040441. I think the reward to risk is also good with my first support being at .030547. In addition I have ETHBTC in a channel which may be broken out in the near weeks. Please let me know what you think of my technical analysis and thank you.
ETH/BTC! May 25
ETH/BTC! Falling Wedge almost completed I'm waiting for my white support line to be touch for a bounce confirmation to the upside. Buy target reach. Please let me know what you think of my technical analysis and thank you.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.