Ethereum- a reversal situation
Hello everyone
Today on ETHUSDT, we have a candle with a long shadow which I expect to close above 2880$, and we have a 3 high , 3 push down pattern, that can function as a wedge or triangle, angled down.With that said we have a possibility of reversal IF we get a green bar with good bull body higher than 2930$ tomorrow.
Our support levels are 2800$ and the weekly trend line and our resistance levels are 2950$ which I think will break tomorrow and 3050$.
Today on ETHUSDT, we have a candle with a long shadow which I expect to close above 2880$, and we have a 3 high , 3 push down pattern, that can function as a wedge or triangle, angled down.With that said we have a possibility of reversal IF we get a green bar with good bull body higher than 2930$ tomorrow.
Our support levels are 2800$ and the weekly trend line and our resistance levels are 2950$ which I think will break tomorrow and 3050$.
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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.