June 17, 2026

ETHUSD ❕ falling wedge

ETHUSD ❕ falling wedge

ETHUSD ❕ falling wedge

ETHUSD ❕ falling wedge

ETH/USD COINBASE:ETHUSD
Solldy


ETHUSD ❕ falling wedge

After reaching the first target, the price stopped at testing the upper boundary of the descending channel .
During the current movement volatility decreased and trading volumes fell, but the price didn’t fall into the descending channel .
Ethereum is under the liquidity level.
Now I expect the continuation of the formation of the descending wedge , which will cause the price reversal at fixing above the support level . I put the resistance level indicated on the charts as a target.

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