if market stays bull and this wedge breaks from above we can have a great R/R 1:7 long position on DEC/USDT please have risk management and SL
any sharp break of the falling wedge can gives a great opportunity to see 50$ jump in price with good risk/reward
its shaping smaller falling wedge and may do the same shape to first touch the bottom of the wedge then breaks above it and retests the top of wedge which is the best entry for a nice long position to jump to 5$ or 6$
look for enter accordingly
first secnario as flag pattern didn't form is failed, so ope to see a sharp move downward
as now price is on important level, it might form a acsending flag and it can be a buy position or it might follow it trend and there will be a possible sell position Most probably it is a sell position
if shape an inverse head & shoulders, buying zone and target are mentioned
if market doesn't breakdown it might follow the lines in uptrend movement
possible scenario for ETC most probably goes for long