Dear traders,
Here is a new analysis for Ethereum,
Ethereum has formed 2 bearish rsing wedges and is still moving in the ascending triangle.
A picture says more than a thousand words so if you look at the chart you see it is all there ;-) The red trajectory is what possibly will happen. Of course this is a trading idea and no advice to trade.
Use stops in your trading and calculate max 1 to 2 % risk on your total funds. Leverage is very risky so I advise only spot trading in crypto's!
Targets and stop loss marked in the chart.
--> Destination target around 2330.
Good luck traders!
Disclaimer Traders this is my view, no advice to buy or sell. Also always do your own research!
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