cyberalchemy

Ethereum ready for another big dip?

Short
KUCOIN:ETHUSDT   Ethereum / Tether
Since the big dip a couple days ago, Eth has been working its way up an ascending channel. It's now back at the bottom of the channel and looks set to start dropping quickly to test support levels of $1350. What do you think?
Comment:
I missed this when I made this chart, but if you draw a line from 22 Feb 7 UTC down to where we are now it's a big wedge getting ready to break down.

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.