Falling Wedge Will Break To The DownsideEthereum / TetherUSBINANCE:ETHUSDTtheothermurph511Everyone sees the falling wedge. Everyone expects it to break to the upside. Market makers understand this and are seeking liquidity in the direction of the path of least resistance, and they want to absorb your stop losses. When we take a broader view looking at the 3 month chart (included in my next comment), the macro view is clear as we observe the double top off of the multi year bull market and off the upper bollinger band and price action has made a clear break from that pattern and is now showing the start of a long term bear market. The MACD is now deep enough in the red to ensure that any buying pressure is sure to be overwhelmed by selling pressure. What to expect next Market makers will allow and even push for a fake out to the upside in order to capitalize on maximum liquidity before sending the price south below the wedge, confirming that the month of September was a huge bull trap and correction on what will prove to be a continuing and prolonged bear market. First Target The demand zone between $2340 and $2300 Second Target $2260 to $2200. If this area is broken expect a fast flush down to $2100.