Dexter_The_Trader

ETHEREUM: WAITING FOR A POSITIVE MOVE.

Long
BINANCE:ETHUSD   Ethereum
ETH has been under the bullish falling wedge for quite some time and till now it has failed to show any positive move. With the pattern ETH is forming, it will be important for ETH to break above the resistance trendline for a positive confirmation. A breakdown below the supporting trendline will ruin the chart and make things more complicated.

I am expecting a breakout soon. What's your opinion? Let me know in the comments.

Thank you for reading.

Trade safely.

Regards,
Team Dexter.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.