ETH: MUST BOUNCE FROM HERE!!
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Welcome to this quick ETH update.
ETH is breaking out from the falling wedge-like structure in 4hr time frame and currently, looks like a retest. We have a good support range here. ETH should bounce from here.
If it breaks down the support (4hr close below $1150) then this pattern becomes invalidated and we might revisit the lower trendline of the wedge ($1080) but IMO it should bounce from here.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this quick ETH update.
ETH is breaking out from the falling wedge-like structure in 4hr time frame and currently, looks like a retest. We have a good support range here. ETH should bounce from here.
If it breaks down the support (4hr close below $1150) then this pattern becomes invalidated and we might revisit the lower trendline of the wedge ($1080) but IMO it should bounce from here.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
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