Hello traders, ETH / USDT is in a trend reversal with a return of executed sell volume.
This has made a breakdown of its ascending wedge whose support corresponds to the uptrend line. At the same time the horizontal support as the price burst seems to stabilize on a rectangle (range).
Great possibility to come and test the next horizontal support to come back to check the bearish trendline again. In order to reach the next resistance which is on the bottom of the ascending bevel.
And come and test the bearish trend line for a final entry on pull back to return to bulls run.
This is not investment advice but a usage recommendation. Thank you for taking the time to read my analysis.
I hope you enjoyed it.
Comment your points of view in the space dedicated in description.