$ETH #現貨
Timeframe: 4H
Pattern: Potential Bullish Descending Wedge
Current consolidation gradually forming a wedge
Pay attention to the red boxed area around 2380
If it breaks the trend line and also breaks the previous high of 2624
The descending wedge pattern will be invalidated
Don't short recklessly, wait for a retracement and look for entry opportunities
The potential profit is definitely greater than shorting
Going long and short should focus on risk-reward ratio
Currently, the risk-reward ratio for shorting is clearly lower than going long
Only trade when there is a pattern, wait when there is no pattern
Trading is all about patiently waiting for opportunities
