ETH/BTC descending wedge

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Descending wedge bullish pattern. Fits well with Bitcoin dominance chart.

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ملاحظة

It seems the descending wedge only provided a weak reaction on the breakout (which retraced back instantly). But I would say that a long position can still be considered if this forms a rounded bottom shape. (symmetrical candle layout so far)

IF this idea holds for the next few candles I will consider taking a position with the following targets:
Target 1: 0.0327 (previous high)
Target 2:

٥ يونيو ٢٠١٩

ملاحظة

Target 2: Red zone.