Etherium breaking down?
Etherium has broken out of a rising wedge pattern on the 1-4 hr timeframes.
With this in mind, I'm looking for another short entry trade on the lower timeframes for a trend continuation play. We can see price is now in a falling wedge structure and expect another drop before a possible breakout.
This presents a great trade opportunity with the overall trend with a favorable risk to reward ratio.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
With this in mind, I'm looking for another short entry trade on the lower timeframes for a trend continuation play. We can see price is now in a falling wedge structure and expect another drop before a possible breakout.
This presents a great trade opportunity with the overall trend with a favorable risk to reward ratio.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
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