ETHUSDT: Mixed Signals Leave Traders Guessing
Hello All,
ETH is giving us mixed signals. There is currently a 7 day rising wedge that has been formed (white lines).
ETH price is currently holding 50 MA + Trend Support.
If price can bounce off this area, we can see a bounce to $1846, met with the top trend line of the rising wedge.
If these two marks can not hold, ETH can drop to roughly $1567, met with a long term trend (purple) and the 100 MA (blue).
Thank you!
Please Comment & Like.
ETH is giving us mixed signals. There is currently a 7 day rising wedge that has been formed (white lines).
ETH price is currently holding 50 MA + Trend Support.
If price can bounce off this area, we can see a bounce to $1846, met with the top trend line of the rising wedge.
If these two marks can not hold, ETH can drop to roughly $1567, met with a long term trend (purple) and the 100 MA (blue).
Thank you!
Please Comment & Like.
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