Eth is inside a large rising wedge which is a reversal pattern, however we can see from hourly moving averages the trend is clearly bullish. Weekly charts are also showing we are in a bull market now. So i'm only interested in buying dips.
I expect a fake break of this wedge pattern soon which will be another great opportunity to add to Eth longs before moving up to re-test the highs again
Note
Lots of bullish momentum today as expected with the dip buy from fake break of the wedge. Former SEC chair's comments about BTC ETF likely approval sparking the rally
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