ETH might be ready for a breakout
Updated
Intro:
Chart speaks for itself. Last time we saw the volume channel break bullish, we broke above the same type of wedge, we retested and went up much higher.
I see the same potential trade forming here.
Disclaimer:
The bullish orderblock could still be filled, in which case, I would be wrong. I still believe you should follow the price action.
I could also be wrong in assuming there is an upside in the wedge, price could just be bleeding for a longer time before breaking out, like in this chart:
Either way, set your alerts for when price breaks above the line!
Chart speaks for itself. Last time we saw the volume channel break bullish, we broke above the same type of wedge, we retested and went up much higher.
I see the same potential trade forming here.
Disclaimer:
The bullish orderblock could still be filled, in which case, I would be wrong. I still believe you should follow the price action.
I could also be wrong in assuming there is an upside in the wedge, price could just be bleeding for a longer time before breaking out, like in this chart:
Either way, set your alerts for when price breaks above the line!
Note
Respected the line perfectly, broke above.
Waiting for a retest
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Telegram:
t.me/ikkeomarfree
I can also pass funded accounts for you!
$50,000 accounts
Just dm my Telegram @IkkeOmar
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