ETH Critical Week ⏰ Analysis #20/50

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

After breaking below 1500 last week, ETH is now trading inside the falling wedge pattern in red.

🏹As mentioned previously, for the bulls to take over long-term, we need a break above 1700

Meanwhile, we will be bearish short-term, and 1500 is our next support.

If we break below 1500 again, we will be expecting a movement till 1350 zone.

In this case, as we approach 1350 support, we will be looking for buy setups on lower timeframes.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich