EthereumShort
ETH short to 400 area
In my opinion, ETH is developing a large broadening wedge and within it, a non-failure swing pattern that is playing out beautifully. If it hits that support, It will create resistance at 1350 then fall below down to the bottom of the wedge at 800 area. I believe it's final destination is ~400 and change.
This is all based on where price hits the support line for the 3rd time to complete the broadening wedge.
This is all based on where price hits the support line for the 3rd time to complete the broadening wedge.
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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.