ETH - Critical Zone! 🛑

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

ETH is currently sitting around 1700 resistance zone. Is it time for a correction?

⚔️ For the bears to take over, and start a correction till around 1500, we need a break below the red wedge pattern and red zone.

🏹 Meanwhile, the bulls would be in control, and if we break above 1700, then a movement till 2000 resistance would be expected.

📉Which scenario do you think is more likely to happen? and why?

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

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich