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.
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Thank You!
Corecrytpo
BTC: WAITING FOR A BREAKOUT!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC/USDT 4hr update. Our previous BTC analysis going perfect so far. Link given below, do check it out.
Now, BTC is still trading inside a falling wedge in 4hr time frame. It is trying to break this wedge but failed every time. We need a breakout with good volume for further bullish movement.
If we break this falling wedge then $44k-$45k is on the board.
If it not breaks the wedge and breaks below $39k again then it can again test the lower trendline of the wedge which is at $37.8k
Waiting for a clear direction. Let's see where the next move will take us.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!