Blitzen3000

ETH Possible Rising Wedge Failing ?

Blitzen3000 Updated   
BINANCE:ETHUSDT   Ethereum / TetherUS
Sideways movement for the past two weeks. What is the next move ? Are going on the upside or downside ?

As long as there will be rejection on 2800 ~ 2850 range (redline) we will move on sideways.
Unless there will be a swing low on 2000 level this might trigger further movement on the downside or this will become a demand zone.

Let us always wait for the market to point where it is heading. ETHUSDT
Trade active:
Possible Short Position AT 2600-2650 range.

STOP LOSS : 2820

TP 1 : 2420

TP 2 : 2305

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