Репост из: WhaleTank [Premium]
#ETH 1D
Formed rising wedge pattern.
Price hit strong 1D resistance zone at $183-194.
We expect #ETH to hit upper line of wedge from current or lower level.
Once #XBT will form pattern which will signla for long scenario - we will give #ETH entry orders.
According to #ETH our theory about #XBT to hit $5600/5800 zone before a huge drop is confirmed. Also, it can be invalid if it close below $141/139 zone. The same can be if we hit $183/194 resistance zone and make breakout upside with following fakeout.
Formed rising wedge pattern.
Price hit strong 1D resistance zone at $183-194.
We expect #ETH to hit upper line of wedge from current or lower level.
Once #XBT will form pattern which will signla for long scenario - we will give #ETH entry orders.
According to #ETH our theory about #XBT to hit $5600/5800 zone before a huge drop is confirmed. Also, it can be invalid if it close below $141/139 zone. The same can be if we hit $183/194 resistance zone and make breakout upside with following fakeout.