ETH: IS AT RESISTANCE! BEARISH PATTERN!!
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH update.
ETH is not looking good here. Forming a rising wedge pattern in 2hr time frame and currently hovering near the resistance level. ETH has a strong resistance at $1250-$1280 level.
If we successfully break down this rising wedge pattern then I'm expecting ETH to hit $950-$980 level.
Invalidation level:- If ETH breaks and close above $1300 then this pattern becomes invalidated.
What do you think about this?
Do you think we are heading for a correction from here or do you think that it will clear the resistance and pump?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
Welcome to this ETH update.
ETH is not looking good here. Forming a rising wedge pattern in 2hr time frame and currently hovering near the resistance level. ETH has a strong resistance at $1250-$1280 level.
If we successfully break down this rising wedge pattern then I'm expecting ETH to hit $950-$980 level.
Invalidation level:- If ETH breaks and close above $1300 then this pattern becomes invalidated.
What do you think about this?
Do you think we are heading for a correction from here or do you think that it will clear the resistance and pump?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
Related publications
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.