Thecryptonizer

FALLING WEDGE IN ETHUSD

Short
Thecryptonizer Updated   
DERIBIT:ETHUSD.P   ETH Perpetual Futures Contract
PLAN

- Price Breaking below the Lower Trendline can lead to :
1. 1050
2. 933

- Price pumping up can retest the Upper Trendline but before that it should be able to break the 1246 region.

INFO

- Try to connect the ideas and get a clearer picture of the whole set up.

- This can play either way so keep an eye on the support and resistance as well.

Signing off,
THECRYPTONIZER
Trade active:
Our first TP at 1050 is achieved. Lets see if it can reject at 1246 for another short opportunity. See my new idea for more info.

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