Ethereum
Short
Updated

Rising wedge + MACD divergence = Possible move down

247
Here's my first chart.

Ethereum about to continue the descent, textbook rising wedge + MACD example.

Estimated target is around $250, may be as low as $180.
Order cancelled
ETH also had a breakout, not sure if it is sustainable but this trade is cancelled for now.

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.