Short

Ethereum rising wedge - target level ~$397

Aktualisiert

is about to go through a classic dead cat bounce. target based on pattern projection of the rising wedge here is labeled on the chart. most major coins that follow the lead of Bitcoin are showing a similar pattern right now.
volume is descending across the wedge, which should confirm the pattern as the price is diverging from volume.

trade at your own risk.

Anmerkung

after looking at the chart again due to recent movement, my target and buy orders are unchanged.

Anmerkung

this is my current chart for reference; this can now be viewed as a head & shoulders reversal with the same target as my original chart.

Anmerkung

whoops I forgot the image

Anmerkung

new chart here:

Ethereum head & shoulders reversal - target level ~$351

team_USA

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