When $ETH forms a broadening wedge... You pay attention.

Could absolutely play out long term. But right now, $ETH gave us a reason to be short. The Daily uptrend broke and we’re currently positioned for a move toward the next major trendline around $1,500–$1,550. If price proves us wrong, we get out. Simple.

you’re a page with almost 2 million people and this is the level of analysis? drawing conclusions from a pattern that happened literally twice in history not 200 times… okay… NOT even 20 TWO… TWOOOO

I’m paying attention since 2018 😁

Its not even the same 😂😂😂😂😂

Pay attention indeed.

PAYING ATTENTION GENERAL 🫡

Okay so dump Sunday? Noted I hold the buy button 😁

ETH这个楔形我去年在LTC上吃过亏，突破后假摔差点止损出局，你这篇提到量能确认那段我倒是想再听听细节，真等放量了会不会已经晚了

eth: gets wider and wider my stop loss: also gets wider and wider

Something cooking?

ETH looks primed here, that wedge setup could get spicy if it breaks

Broadening wedges don't resolve cleanly. They resolve expensively.

ETH has been struggling around $1,915, so a decisive move from here could set the next direction

Or you start doubting crypto can rise again, because its been sooooo long.... We were promised $150,000-$200,000 end of last year for BTC.

Not every trap looks like one. Know what you’re looking at. 🧑‍🦯‍➡️🕳️

Important pattern for $ETH, which could result to a major breakout move!

Broadening wedge usually means a big move is coming.

The movement is diabolical, bnb seems maintain position

“ETH has been compressing for a while now. If this pattern actually breaks upward, the move could be explosive. Definitely one to keep on the radar. 👀📈”

Broadening wedge on ETH? History’s favorite bull trap tease before the real lift-off. Paying attention—while the chart rewrites its own script.

🔼 This is clear direction

@jimcramer

Historically, ETH has indeed experienced significant price movements after forming similar structures on several occasions

3-5 retset on both Wedge lines is typically the approach.... From your chart I see at least one more test lower... Lower test is more logical before testign a new ATH

Broadening wedges can deliver powerful moves, but they are also skilled at trapping both sides. I would look for a confirmed break, strong volume and a successful retest before taking a directional position. Until then, patience is a position too 📊 Please read my latest X:

This could turn out to be a bullish breakout, but many confluences play a role!

Biggest names in payment

have seen this before

So much higher it hurts

A broadening wedge is what the chart draws when both bulls and bears have stopped pretending they use stops.

ETH traders should respect both breakout directions

A broadening wedge is basically expanding volatility: buyers and sellers are both getting louder, so the break matters more than the lines. With ETH still about 61% below its ATH, a clean reclaim of the upper side would tell you demand is finally absorbing supply. If it can’t hold that line, it’s just a very well-decorated range.

IS THAT A MEGAPHONE BRO

Those expanding highs and lows never lie for long. Nice eye catching this one early