ETH Situation Right now & Expected movement

Hello every one
Ethereum / U.S. Dollar


ETH is in a Big falling wedge Pattern right now! As you can See The Price is Ranging Perfectly in the Mentioned Pattern. Since There Is No Break out yet, We can Not Expect a Bullish Movement From Ethereum Right now! The Price has touched The Top line of This Pattern Multiple Times! this Means There Is a Strong Resistance which Stops Ethereum From Ascending Further! The Price Still has a Lot of Chance To Be Bullish. we can Expect a Break out Soon and a Great Bullish Wave Up to The middle or The Top of The Falling Wedge Pattern!

Summary:
-ETH is in a Falling Wedge
-No break out yet!
-Short Term is Bullish
-can Reach middle or Top of the Falling Wedge Pattern after The Break out Happens!


🔴This is only an idea and not a financial advise ( NFA )🔴

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