ETHUSD
is about to go through a classic dead cat bounce. target based on pattern projection of the rising wedge here is labeled on the chart. most major coins that follow the lead of Bitcoin are showing a similar pattern right now. volume is descending across the wedge, which should confirm the pattern as the price is diverging from volume.
trade at your own risk.
Commento:
after looking at the chart again due to recent movement, my target and buy orders are unchanged.
Commento:
this is my current chart for reference; this can now be viewed as a head & shoulders reversal with the same target as my original chart.
Commento:
whoops I forgot the image
Commento:
new chart here:
