📈ETH has been overall bearish trading within the falling wedge marked in blue.
Currently, it is approaching the lower bound of the wedge.
Moreover, $3000 is a strong support and round number.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower trendlines acting as non-horizontal support.
📚 As per my trading style:
As #ETH approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!