ETHUSD - LONG OPPORTUNITY - MARCH 2021
ETHUSD forming a falling wedge bullish pattern, possible to challenge USD 1650 area again in short term.
Short term bullish reasons:
MACD - Green
Funding rate - positive
breaking falling wedge resistance - more confirmation if resistance become support
Longer timeframe is showing bearish pattern.
Short term bullish reasons:
MACD - Green
Funding rate - positive
breaking falling wedge resistance - more confirmation if resistance become support
Longer timeframe is showing bearish pattern.
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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.