Ethereum
Long

ETHEREUM Falling Wedge about to break upwards to 3800.

2699
Ethereum / ETHUSD is trading inside a Falling Wedge pattern, ranged between its 1day MA50 and MA200.

The very same pattern emerged in March 2024 and after a Triple Bottom it broke to the upside and hit the 0.786 Fibonacci extension.

This is a strong bullish signal. Target 3800.


Follow us, like the idea and leave a comment below!!

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.