RISING WEDGE ETHUSD
Updated
Hello my friends, as you can see we've completed the pullback after that rising wedge.
Momentum and RSI confirm that. Little correction now before bullish trend. Take a look at the green major trend lines.
Momentum and RSI confirm that. Little correction now before bullish trend. Take a look at the green major trend lines.
Comment
Take a look to Fibonacci levels. In 250 area we have a great convergence of green trend lines and Fibs. Here there's also the low level of the black channel. Great support there. 250 is also a round number. I advice a short now and a great buy in that area. For sure indicators will be in oversold.
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