Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH/USDT update. ETH is trading inside a descending broadening pattern and currently got rejected from the upper trending of the wedge.
Now, there is an important support for ETH is around $2900-$3000 so we might get a bounce from there. Also, there is an important support of 21 MA. If ETH breaks out this wedge then it can go to $4k
If ETH breaks below the support of $2900-$3000 then the next support is $2600
if you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this ETH/USDT update. ETH is trading inside a descending broadening pattern and currently got rejected from the upper trending of the wedge.
Now, there is an important support for ETH is around $2900-$3000 so we might get a bounce from there. Also, there is an important support of 21 MA. If ETH breaks out this wedge then it can go to $4k
If ETH breaks below the support of $2900-$3000 then the next support is $2600
if you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!