ryan_fw

ETH Hopium

Long
ryan_fw Updated   
COINBASE:ETHUSD   Ethereum
Currently seeing ETH in a falling wedge showing us a ABCD pattern which could show potential upside.

Being cautious of the H&S seen on the hourly chart which could show more down to come around $1700, will wait for more confirmation before entering a long position.
Comment:
Broken through the wedge, down we go.
Comment:
Could have got my wedge lines incorrect, bottom line on wedge should start at $2160 on the 5th. Will see if this plays out, not got much hope...
Comment:
Might actually play out suprisingly

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.