#ethereum - 3D outlook, #bullishfallingwedge
Updated
Hello guys,
been a while since I updated Ethereum, so here we go on a higher timeframe, my favourite the 3-Day.
As you can see, the gigantic bullish falling wedge is still forming out. The big question is: Has it found bottom now, or is it going to go lower, even down to levels such as $80.
Recently the Quarterly Support 1 Pivot has given Ethereum some form of stability to maybe able to grow back to the out falling trendline, where the next decision hotspot is located.
I have marked possible ways and all significant levels for you as usual.
If ETH is going to lose key-level in this area, it is very likely we will see the minimum $100 as psychological possible turn around, this is entirely open and strongly depends on Bitcoin´s
start of the Year 2020. Please be aware the last falling wedge resolved bullish and went to target 2on Daily.
_________________
Neru
been a while since I updated Ethereum, so here we go on a higher timeframe, my favourite the 3-Day.
As you can see, the gigantic bullish falling wedge is still forming out. The big question is: Has it found bottom now, or is it going to go lower, even down to levels such as $80.
Recently the Quarterly Support 1 Pivot has given Ethereum some form of stability to maybe able to grow back to the out falling trendline, where the next decision hotspot is located.
I have marked possible ways and all significant levels for you as usual.
If ETH is going to lose key-level in this area, it is very likely we will see the minimum $100 as psychological possible turn around, this is entirely open and strongly depends on Bitcoin´s
start of the Year 2020. Please be aware the last falling wedge resolved bullish and went to target 2on Daily.
_________________
Neru
Trade active
Ethereum is going towards the falling wedge resistance on 3D. Possibly long-exit incoming soon.
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