- Falling Wedge formation on the 1H time frame.
- Waiting for confirmation above trendline before entering a long position.
- Target is $136.
- Waiting for confirmation above trendline before entering a long position.
- Target is $136.
Trade closed manually:
The volume is very low even though the break out over the trendline occurred...Closed this one out with a break even. IMO I think ETH will drop lower but not trading this... Waiting on a better trade setup.