Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
WHAT'S NEXT FOR ETH.!?
As we clearly see price from a medium-term perspective trading inside this falling wedge pattern
In addition, price broke below our support zone so, it's acting as a resistance zone
For the bears to remain in control we need a break below market major swing low
Then, a movement lower would be expected till 1k or lower bound of the range
Until that happens, we can see price diving higher more before the next bearish movement
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!