ETH maintains above daily piercing (dashed red) with recovery back to short-term EMAs.
Look to support at wedge resistance as we close in on the breakout point to 2585; this should hopefully raise 200EMA to 2500 or pattern.
Viewing H4, a third down-step is also possible given resistance at 2550. Continue to use daily piercing as the close goal in this scenario.
www.tradingview.com/chart/gDBkksfy/
Look to support at wedge resistance as we close in on the breakout point to 2585; this should hopefully raise 200EMA to 2500 or pattern.
Viewing H4, a third down-step is also possible given resistance at 2550. Continue to use daily piercing as the close goal in this scenario.
www.tradingview.com/chart/gDBkksfy/
