dennisdaiber
Long

ETH/USD daily chart - Falling Wedge target

COINBASE:ETHUSD   Ethereum / U.S. Dollar
As for Ether, it is now clearly draws a falling wedge pattern on a daily chart . It tested both support and resistance lines four times already for the past 4 months. It now struggles to break above daily EMA ribbon and most likely will test the support level again at around $140 price point. However, if the pattern plays out well, then the long-term target might be up at 320$.
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