ETH/ USD... 4-Hour Forming a Descending Broadening Wedge...28%+
Hello Traders,
May have found a bullish sign on the 4-hour chart.
Looks to be forming a descending broadening wedge. This should finish forming as the weekend comes and passes, Monday looking for a breakout to the upside, depending on a number of fundamental factors.
But based on the chart, if we can break above the trendline going into Sunday late evening and holding above it through Monday Morning/ Afternoon, we should see a continued move to the upside.
Shooting for a 28% gain.
Good luck, and happy Memorial Day Weekend.
FYI, Holidays are always unpredictable. Trade safe and take care.
May have found a bullish sign on the 4-hour chart.
Looks to be forming a descending broadening wedge. This should finish forming as the weekend comes and passes, Monday looking for a breakout to the upside, depending on a number of fundamental factors.
But based on the chart, if we can break above the trendline going into Sunday late evening and holding above it through Monday Morning/ Afternoon, we should see a continued move to the upside.
Shooting for a 28% gain.
Good luck, and happy Memorial Day Weekend.
FYI, Holidays are always unpredictable. Trade safe and take care.