Ethereum Falling Wedge Reversal Breakout, Daily Closed Above Downtrend Line
Ethereum Falling Wedge Reversal Breakout, Daily Closed Above Downtrend Line
- I am not giving trading advice, these are my opinions of the market through observation.
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Looks like ethereum is at a technical breakout, closing above the downtrend line on the daily. This is an example of a falling wedge breakout reversal pattern, and please not the retest and bounce off the top of the downtrend line. Also, the daily pivot for july 19th is tagged and rebounded off.
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