Shinn

Shinn

ETHUSD is approaching the top line (400 USD) of an earlier large ascending triangle. After the breakout of an ascending triangle, it is not uncommon to see the price retrace to this top line to retest the support and validate the breakout, after which the asset normally rallies. Furthermore, on the linear scale, there is also a bullish trendline support in this...

Shinn

Falling wedge pattern, generally has a bullish breakout. Whether you want to wait for a bullish breakout or not is up to you. Otherwise, you can try to get an entry at the bottom of the wedge (and maybe take some profit at the top if the breakout fails), although with all the possible support levels in the 8000-9000 range, it's hard to tell where BTC is going to...