BenLittle1

Eth Range Bound with Major Supports/Resistance

KRAKEN:ETHUSD   Ethereum
Graph shows the Major support/resistance for Eth. The currency is currently range bound, however approaching a wedge on it's current trend. Breakthrough direction of the current wedge will indicate which side of the Range will be tested. I do not see the range being broken until volume breaks through the Vol 30. A breakthrough will see significant movement over the Daily Chart with opportunity to take out macro positions for the medium term.
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.