$ETH Rising Wedge Complete - Ready for a Ride!

Here is my general thesis for $ETH. $ETH is nearing the end of a rising wedge formation. Statistically speaking, these formations have a higher chance of breaking down then breaking out.

I suspect we'll see the market get one, maybe two more pumps, then I suspect we'll have an epic pullback to wash out all the leverage!

In this chart, we can see $ETH getting one more nice pump, maybe even pumping a little over the top side of the rising wedge (false breakout), right before smashing down.

We'll be prepared to buy the dip!

Let's get this crypto!

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Commentaire:

A pullback like this could present an epic entry to HODL whilst the bull's horns are still sharp, but make no mistake, then this market turns, they will be many tears for those not prepared!