mortymortician

wedge break out

Short
mortymortician Updated   
BITFINEX:ETHUSD   Ethereum
9 out of 10 wedges breakouts have been reversals on the 15 min chart in the last 10 days. Price is currently pushing below the supporting trend line. i think it could fall off here pretty far
Comment:
I realize the wedge is kind of sloppy but that has been the trend on the last 9 or 10 that completed.
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.