Ethereum
Updated

ETHUSD

422
70% confident this is a rising wedge
Note
80% confident
Note
This would make a 3rd touch .. and if I know bitcoin, 4th touches are rare... so if this wedge breaks it may break on this round just a heads up
Note
possibly a repeat of the last cycle
Note
heavy bear pressure ... algo is dumping
we're still in a rising wedge that has not broken yet but we're still in a bear market ;)
Note
Still in the wedge. Did not expect to be at the top of it.
Order cancelled
formation broke (up)
Note
if this dips here the wedge may still be valid... but to be honest I do not know what to expect after seeing bitcoin touch 7k
Note
the fact it respected my backup line is interesting

Disclaimer

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.