EthereumLong
ETH - Falling Wedge broken!
Hello everyone!
As you can see the falling wedge is broken and I'm waiting for a retest on the 0,786 fib level to make a confident entry.
If the retest occurs I will enter, but always after I see loss of momentum at that specific level.
Keep in mind, maybe this time ETH is heading to a Lower Low straight to the minor support (green line) you can take some real profits until that region hits.
As you can see the falling wedge is broken and I'm waiting for a retest on the 0,786 fib level to make a confident entry.
If the retest occurs I will enter, but always after I see loss of momentum at that specific level.
Keep in mind, maybe this time ETH is heading to a Lower Low straight to the minor support (green line) you can take some real profits until that region hits.
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.