🔥 CHART UPDATE 🔥
Good morning people!
ETH/USD Chart: https://www.tradingview.com/x/RTaopELe/
ETH is in a Rising Wedge as you can see, please Tradet only the breakout, currently the market is so volatile, we had a Diamont pattern are perfectly broken out to the top have the target unfortunately not yet reached and my trade has been closed with SL in profit at 3460$ 🙂 Now I’m waiting for a new trade if we have a breakout with confirmation.
So yesterday we had a perfect breakout from our bullflag but unfortunately we then had a violent Beartrap, very sad. Now I have traced again in the 4 hour chart and the breakout should take place until May 9. In what direction is currently still unclear because we are already 3 times also at the 0.618 FIBBO abrallt what eigendlich a bearish sign is when one is rejected so often. But we will see what happens until Sunday at the latest. We also have a bearish divergence in the MACD, let’s see if we still flip. Anything below 50k will come a violent correction that I can say.
We wait and do not lose our nerves or panic, we act at the right time 🙂
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