Ethereum formed a bearish rising wedge!!!
In this analysis, Ethereum is break down the bearish rising wedge and right now, it's seem that Ethereum is making a pull back before to down!!. That is exactly in the H1 timeframe.
Lookin in the H4 timeframe, we are in this support and resistance, well, well, in the past Ethereum make an resistance and drop, then break up the resistance and confirm as support, then Ethereum break down the support and we are in the possibility to see a resistance in the higher to entry in the good short position!!!
I believe that Etheeum needs to make a little correction to the $333 or $320 as possible target profit as we see in Daily timeframe.
But, I just pick up some earn in Ethereum and Bitcon when yesterday putting in long, but right now we see that the perspective is so different!!!
Lookin in the H4 timeframe, we are in this support and resistance, well, well, in the past Ethereum make an resistance and drop, then break up the resistance and confirm as support, then Ethereum break down the support and we are in the possibility to see a resistance in the higher to entry in the good short position!!!
I believe that Etheeum needs to make a little correction to the $333 or $320 as possible target profit as we see in Daily timeframe.
But, I just pick up some earn in Ethereum and Bitcon when yesterday putting in long, but right now we see that the perspective is so different!!!
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