ETHUSD Rising Wedge & Bearish Divergence
Two indicators in confluence. Keep in mind that bearish divergence can be invalidated if this impulse continues, in which case the RSI would make a HH with price. The rising wedge is a rising wedge no doubt, and we are yet to retest the S/R zone @ 1600.
IF we lose support on this wedge, my target big is 1600.
IF we lose support on this wedge, my target big is 1600.
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.