peterbhc

ETH Rising Wedge

Short
peterbhc Updated   
KRAKEN:ETHUSD   Ethereum
1750 is the level to monitor. ETH to continue bullish momentum needs to close a daily candle above it.

I expect a test of the lower wedge and there make a decision to fail or retest 1750 again.

Good Luck
Comment:

ETH made it to the bottom of the wedge. Notice the Squeeze on the 4H, just crossed below. I added a support line, if that fails there will be more downside.
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