Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH update.
ETH is trading inside a falling wedge-like structure in the 4hr time frame. Currently, it is trading near the upper trendline of the wedge. If it breaks out from here then we see a good rally in the whole market. On the other hand, if it again rejects from here then we go again to test the lower trendlime.
Wait for the clear break out before taking entry in Altcoins.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this ETH update.
ETH is trading inside a falling wedge-like structure in the 4hr time frame. Currently, it is trading near the upper trendline of the wedge. If it breaks out from here then we see a good rally in the whole market. On the other hand, if it again rejects from here then we go again to test the lower trendlime.
Wait for the clear break out before taking entry in Altcoins.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
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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.
Related publications
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.