Badhand007

8/2/20 Sunday Analysis- ETHUSD- Wedge breakout forming

Long
KRAKEN:ETHUSD   Ethereum
Approaching the end of a wedge pattern. Expecting breakout to the downside and hold the $350 support level and then a continuation up. We'll probably see some resistance at $355, $365, $370 $380 and $390 on the way up approaching the $400 level.

Ill be looking for a buy after establishing and retesting solid support.
Short term sell. I will not take a sell in this overall uptrend.

Important levels to watch:

$390
$380
$370
$365
$355
$350
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