ETHEREUM ANALYSIS | WEEKLY CHART | RISING WEDGE | POSSIBLE TARGETS |

in #ethereum6 years ago (edited)

Hey Guys !! i hope u all are having an amazing day

Today i will do analysis of ethereum on a "WEEKLY CHART"

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As you fuys can see the above image showing a proper rising wedge in Ethereum Bitmex weeklychart

we all know that the rising wedge gives breakout towards the downside on 90% of the times

Now all you need is to put ur focus on the below trend line and take a good short position with (stop loss) whenever it breaks the trend line with a good volume!!

the 1st target is mentioned in the image itself !

DISCLAIMER-

"ANALYSIS ON TUP.CRYPTO IS ONLY FOR KNOWLEDGE AND LEARNING PURPOSE, WE DON'T TAKE ANY RESPONSIBILITY OF YOUR LOSSES OR PROFITS IN ANY CASE !
FOLLOW RESTEEM & UPVOTE FOR DAILY ANALYSIS OF BITCOIN AND SOME ALT COINS !!

HAPPY TRADING !