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The_New_Disciple
Jun 30, 2020 7:26 AM

Ethereum- Rising wedge into falling wedge starting uptrend. 3 hr 

Ethereum / U. S. DollarKraken

Description

We are seeing a rising wedge which will drop into a falling wedge into a double bottom. This will create a pump followed by a higher low during sell off. It is at that point the uptrend has began.
Safe targets in this scenario are as follows - Buy in target $208 Sell off target - $235

Comment

I have slightly adjust my wedge and my targets for the drop as new data comes in. So far it is respecting my pattern. I have estimated the time of the fall to be July 2nd between the times of 00:30-3:00. I will continue to update as more data comes in.
Comments
uchemadu11
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