ETH falls from the top of a Rising Wedge Pattern. Price falling through the floor of a Rising Wedge Pattern could indicate greater bearish sentiment in the market.
Dipping below 3500 would confirm the bearish trend, which could so far as 3300, while bouncing from 3500 would indicate a greater bullish pattern, that could move beyond 4000.
At the same time, the RSI is rising in a higher highs pattern. Which could indicate the momentum is behind bulls. Either way, it's a tense moment that could pull in either direction.
Dipping below 3500 would confirm the bearish trend, which could so far as 3300, while bouncing from 3500 would indicate a greater bullish pattern, that could move beyond 4000.
At the same time, the RSI is rising in a higher highs pattern. Which could indicate the momentum is behind bulls. Either way, it's a tense moment that could pull in either direction.
註釋
Bull trend confirmed.
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