#CRYPTOIMPACT

#ETHUSDT has been trading bearish overall inside the descending wedge, which is marked in red and green.

Currently, it is approaching the lower border of the wedge.

Additionally, $3000 is a strong and distant support. Therefore, the 3000 - 2900 range is a strong area to look for buy setups, as it is the intersection of support and lower trend lines that act as non-horizontal support.

As #ETH approaches the support range, I will look for bullish reversal setups (such as a double bottom pattern, trendline breakout, etc...) Always follow your trading plan in terms of entry, risk management, and trade management.