ETH Will go Up or Down? Direction is unclear!!
Ethereum / TetherUS BINANCEUS:ETHUSDT
Here ETH is showing a breakout on the trend line formed while a supported price action on the lower boundary of the falling wedge . If the price manages to move back inside or above the trend line then we can keep an eye on a continuing bull rally as per the falling wedge . Otherwise we will see a decline in the price once again towards the highlighted support.
Thanks for having a look on my chart. The following analysis is done only for educational purposes and not a financial advice to follow up. Trading cryptocurrencies are highly risky and volatile.
