Ethereum
Short
Updated

ETH | Falling Wedge Follow Up

693
So far so good as we saw price fall ~8%

Need to see price flush out after this retest for a continuation as we head for $2,850
Trade closed: target reached
This trade was more of a scalp from early January closing out at 3k
Note
Next we want to see price retest this top dotted trendline and it'll be very quick so dont expect it to be pretty, and then blasting through local liquidity as price action looks to head back to the Mean.

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.