11.23 Monday Market Overview:

ETH Bearish Rising Wedge Channel$

ETH is in a rising wedge channel, with resistance at 2895.76 above and support at 2833 below, the trend line resonates with support at 2776.19; 2776.19 is the support level where resistance and support interchange, a fall below this point will lead to a pullback again.

Aggressive entry on the left at 2869.9 for short, or ambush for short at 2895.76, with a stop at 2970.79, targets at 2822.51 and 2790; for a low long position, ambush at 2776.19, stop at 2716.53, targets at 2836.19 and 2890.

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ETH
ETHUSDT
2,914.42
+2.52%