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Blitzen3000
Jun 10, 2021 3:18 AM

ETH Possible Rising Wedge Failing ?  

Ethereum / TetherUSBinance

Description

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. BINANCE:ETHUSDT

Trade active

Possible Short Position AT 2600-2650 range.

STOP LOSS : 2820

TP 1 : 2420

TP 2 : 2305
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