luissjp

ETH at a rising wedge and previous resitence,

luissjp Updated   
COINBASE:ETHUSD   Ethereum
if we break it up like the two past one we will go to 300 or more,

but twith this wedge and resitence we could be in a good correction
Comment:
previous rising wedge we broke up
Comment:
similar thing happened in btc
Comment:
i count five waves up

if we break up with confidence i will enter a long, rigth know took profit since the second wave
Comment:
inside a bull blag , so early to know
Comment:
back at testing the resitence
Comment:
www.tradingview.com/chart/tZkmFovp/ eth broke a little to the up the rising wedge but got down again. we broke the rising wedge down , see if it produces a dump.
Comment:
, i think we probably will restest the channel .
Comment:
zooming in i see a head and shoulder target 255.
Comment:
so we broke to the up and down, but got back into the wedge, think probbalt 280 is a target
Comment:
it looks we are know in a triangle
Comment:
so we broke down and we could be in a falling wedge
Comment:
falling wedge did work out and we aformng a falling wedge again, i think we could be forming a inverse head and shoulder.
Comment:
Comment:
zooming out we could be forming a bull flag.

Comment:
inverse head and shoulder could play alogn with t the bull flag
Comment:
inverse head and shoulder could be in play.
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.