Ethereum is developing a "go short" signal
ETH has been constructing a rising wedge since Jul 2022. Price has stalled at the upper boundary of this wedge. A "roll-over" on the daily chart will signal a "go short" trading signal. The short trade will be wrong and covered for a loss if ETH moves above 2441
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.