shimmeringpath

Skyfall ? ETH/USDT $ETH #eth #ethereum #crypto

BINANCE:ETHUSDT   Ethereum / TetherUS
Here we see our ETH tether chart from Binance . It appears there is a large Rising wedge pattern on this chart ( in those red lines ) from the dumpout in March . This pattern forming in an uptrend should eventually trigger a correction and break downward out of this pattern . First target downward could be the top of our Ichimoku cloud around 380 to 420 or thereabouts but this correction could continue downward - it's hard to say what is bottom right now. But correction DOES eventually come to all patterns though I know some Perma Bull don't believe it ! Also see my last idea linked below about ETH reaching it's All time high again - which I still believe is coming . But perhaps we see correction first before we get there. Let's see.
Also please search for info on Rising Wedge pattern today - there are many trading sites with free info on this pattern and its' possibilities .
Thank you !

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.