ETHUSD LONG

By nick203
Okay so we are at a very important price point for ETHUSD. We have been respecting the area of the descending wedge for a while now and we are getting to the very bottom and there is a very key support level where we could see a big move up in price if we breakout of this pattern. REMEMBER that the wedge is only valid once we have a confirmed break and close on the 1D chart. There is also a smaller descending channel on a lower time frame which I will post in the comments that could also break to the upside.

If you guys like ideas like this one, follow me so I know you guys are interested and I will keep posting :D. Also if you guys have any questions about this idea, or about trading in general let me know in the comments or by private message!

If you guys want me to do a TA idea on a specific pair (Forex or Crypto) let me know in the comments.

Much love everyone and good luck in the markets!
Chart PatternscryptoreversalDescending Broadening WedgeEthereum (Cryptocurrency)ethereumlongETHUSDethusdlongreversalpatternTrend AnalysisWedge

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