ETH Rising Wedge: Are We Headed for a Bearish Breakdown

Hey traders! 👋
We’re seeing a rising wedge pattern on ETH, which is generally considered a bearish setup. 📉 We’ve also had a solid touch at the Fib 0.382, which is acting as strong resistance right now.
With that in mind, we’re opening a market order and targeting the daily FVG (Fair Value Gap) for the next move down. What’s even more interesting is that our eclipse indicator is showing bearish signals across all timeframes, adding even more weight to the trade. 🛑
We’re going for it—how about you? Let’s see how this plays out! 💪
Note: This is not financial advice. Always do your own research before making any trading decisions!
We’re seeing a rising wedge pattern on ETH, which is generally considered a bearish setup. 📉 We’ve also had a solid touch at the Fib 0.382, which is acting as strong resistance right now.
With that in mind, we’re opening a market order and targeting the daily FVG (Fair Value Gap) for the next move down. What’s even more interesting is that our eclipse indicator is showing bearish signals across all timeframes, adding even more weight to the trade. 🛑
We’re going for it—how about you? Let’s see how this plays out! 💪
Note: This is not financial advice. Always do your own research before making any trading decisions!
Dagangan aktif
Hey traders! 👋Quick update on the ETH trade – our first take profit has been hit! 🎯 Now, we’ve moved our stop-loss to break even, so no matter what happens next, we’re locked in with no risk.
It’s time to sit back, relax, and enjoy the ride as we see where this move takes us! 🚀
🔗 Indicators available at: getsparx.io
📩 Contact: contact@getsparx.io
📩 Contact: contact@getsparx.io
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.
🔗 Indicators available at: getsparx.io
📩 Contact: contact@getsparx.io
📩 Contact: contact@getsparx.io
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.