ETH falling wedge

Theo luissjp

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posible falling we and support coinciding with we broke the support and started the bull trend.

Ghi chú

forgot to mention it was support since the bottom too

Ghi chú

i will expect us to test the 200MA and probably fail to break it,

Ghi chú

200MA is been cross less see if the 4 hour candle hold and we keep going, 200MA was not a strong resitence las time it was crossed.

203 will be the resitence of the wedge if we get there

Ghi chú

looking to the left 180-195 is been a big resitence area on the past.

Đóng lệnh: đạt mục tiêu

we did cross the 200MA after a good battle , know close to the wedge upper resistence, less see if we cross or we do drop again.

Ghi chú

we are testing 50MA in BTC so both could reverse.

Ghi chú

adjusting the resitence to the candle not the widge we could have broken already and we could be retesting the resitence, difficult to judge.

Ghi chú

atual resitence was previous support for 4 times in the last month.

Ghi chú

we temporaly broke trough resistence, but not back to check the support of the channel and the 200MA. if we reenter the channel we probably test the bottom of it, but normal will do to retest the previous resistence and bounce from it.

Ghi chú

tradingview.com/x/aH2ECfKI/, we remeter the falling wedge, if we dont stop at this support we probably will test the bottom support of the wedge

Ghi chú

posible inverse head and shoulder in ETH

continuation idea.

luissjp

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