According with TA this rising wedge should break downwards, especially if there's a bearish DIV but first ETH (with bearis DIV), then BTC (no DIV) broke upwards so at this point I'm just supposing this gonna follow the previous pattern and go up around 24$.
It's a possibility but also keep in mind that, statistically, it should go more likely down. If you choose to long set a stop loss, let's say 14.831USDT (almost -9%)
Good luck
It's a possibility but also keep in mind that, statistically, it should go more likely down. If you choose to long set a stop loss, let's say 14.831USDT (almost -9%)
Good luck
Commentaire:
I've lowered the lower wedge line according with the candles of 4h chart because I think they formed good pivot for this line. More or less the pattern remains the same though