ETH Upward Wedge Formation for Possible Reversal
I have been carefully watching ETH since the 19th, and predicted the drop to finish forming the upward wedge, and here we ARE.
There is a possible trend reversal coming if it breaks the bottom trendline.
ETH possible next stops because of support:
- 1000: nice support on the left
- 750 - 800: possibly, although the support is not huge
- 600 and possible the final for a bounce upward: very very decent support on the left
There is a possible trend reversal coming if it breaks the bottom trendline.
ETH possible next stops because of support:
- 1000: nice support on the left
- 750 - 800: possibly, although the support is not huge
- 600 and possible the final for a bounce upward: very very decent support on the left
Note
Eth closed below the trendline, now it looks like it's retesting, entry after retest is good
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