Cabana Capitals Blog Technical Analysis A potential bullish movement on ETHUSD

A potential bullish movement on ETHUSD

A potential bullish movement on ETHUSD post thumbnail image

A Rising Wedge pattern was identified on ETHUSD at 3108.66, creating an expectation that it may move to the resistance line at 3141.4495. It may break through that line and continue the bullish trend or it may reverse from that line.

Supported by Upward sloping Moving Average

Target: 3141.4495 Entry: 3108.66 Stop: 3083.19

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