ChrisZDC

ETH bearish on 4 hr chart, Ascending wedge (Bear)

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KUCOIN:ETHUSDT   Ethereum / Tether
Hi, ETH is bearish on 4 hr chart. It has formed an asending wedge, the price is at the lower channel line, RSI appears to be flat, MACD histagram negative slope, and volume seems to be dropping. A big red volume will break it down the ascending wedge. possible potential is 4k or even more, depending on how strong is the support at 4k. Not financial advice.
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