CMSTrading

ETH in ascending wedge, wait for the green light

Long
KUCOIN:ETHUSDT   Ethereum / Tether
eth has been forming an ascending wedge pattern, retesting ath area. If we get a break it will most likely be big and come near the Daily candle close. Currently losing momentum/ bearish divergence, but with BTC being above its ath im expecting eth to follow here in the coming days - week or two max. Fib levels and market cycles are how we are setting our target profits.

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