Ethusdt market update(Short term outlook)

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Hello friend,

Price holding well within rising wedge with potential double top inclined. Looking closely on the chart also, there is this potential Ascending broadening wedge formation which will likely play out.

The whole idea will be to consider the important level mentioned on the chart as our trading zone.

A break below or above the important level will trigger big move towards any of the sides.

preliminary waves also shows price holding firm within the wedge .

More update will follow as market develop.

Kindly go through the chart and do leave us your comments to let us know how you feel about our view,

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Thank you.

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