cyberalchemy

ETH in descending broadening wedge

KUCOIN:ETHUSDT   Ethereum / Tether
Ethereum has been in a descending broadening wedge. These patterns are around 80% bullish, but I think that we still have another dip left in this wedge before the rebound. What do you think? If ETH breaks $1550 in a significant way we're probably on the way up, but if not I think we'll test $1350 again.

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.