ETH has been rejected at its ascending wedge resistance.
We need to wait for confirmation to enter a trade here.
ETH/USD has been super bullish the past few weeks and I see great potential in the near future.
if ETH continues to struggle at wedge resistance, we can expect to see price trend down.
$1500 & $1430 mark strong support areas. We can potentially see heavy buying activity around those areas.
If we fail to hold these support levels we will possibly test $1350 area.
RSI is also over bought.
Break out of this wedge would indicate huge potential for ETH.
We need to wait for confirmation to enter a trade here.
ETH/USD has been super bullish the past few weeks and I see great potential in the near future.
if ETH continues to struggle at wedge resistance, we can expect to see price trend down.
$1500 & $1430 mark strong support areas. We can potentially see heavy buying activity around those areas.
If we fail to hold these support levels we will possibly test $1350 area.
RSI is also over bought.
Break out of this wedge would indicate huge potential for ETH.
Nota
Previous ETH setup: 
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.