marlenri

ETH'S falling Wedge and next moves

Long
PHEMEX:ETHUSD   None
ETH is in a falling Wedge pattern and the next support level it will be at roughly $1596 or abouts.

Expect that ETH will come down to this level before bouncing out of the rising wedge with key area between $2100-$2200 and major resistance level at $2700.

It would be good to buy at price rejections level $1596 and take profits at $2100-$2200.


Disclaimer* This is not financial advise, please inform decisions off of your own analysis.

Thank s
Marlene
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