Emerging Rising Wedge pattern in its final wave was identified on the ETHUSD 1 hour chart. After a strong bullish run, we find ETHUSD heading towards the upper triangle line with a possible resistance at 4005.1598. If the resistance shows to hold, the Rising Wedge pattern suggests a rebound back towards current levels.
Supported by Upward sloping Moving Average
Target: 4005.1598 Entry: 3849.92 Stop: 3677.33

