Ethereum is in a falling wedge. Retest of .236 Fib is likely. Rally to 200 bucks, maybe more.
Note
If Ethereum cannot find support on top of the falling wedge, then this move was a fakeout.Trade closed: target reached
It looks like Ethereum topped out just below $196. Take what you can get and don't be greedy. I don't expect prices to stay up here for much longer.
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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.