The price has broken the main trend line in blue colour on 2D. The purple horizontal lines are liquidity levels - this is where the price always heads to. Keep this in mind.
The price has tested Ichimoku support (red colour line of the light green cloud) couple of times, but did not break it.
Currently the price is moving up either within an ascending wedge...
Here is my view for ETHUSD on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
We have a falling wedge on ethereum. Looks like we could see higher prices soon. We could dip before going up but I think that we could go straight up from here.
If you have followed my eth updates from the start you are flossin. Eth just hit the upper target of Episode II. There is a strong case for Eth to make a sharp pullback- but in my opinion- Eth is more than primed to go full beast mode from here.
- Namnaste
Please show so some love if this series has helped!
