ETHBTC descending triangle long term trade
There is a huge descending triangle on the ETHBTC daily chart.
Entry: Short on a break bellow 0.067
Target: 0.045 (measured target from the triangle)
Stop: 0.078
Good luck!
Entry: Short on a break bellow 0.067
Target: 0.045 (measured target from the triangle)
Stop: 0.078
Good luck!
Commentaire:
Move stop to break even (0.067)
Commentaire:
Consider covering your short anywhere from here (0.048) to 0.045.
In the next week ETH should create a major bottom on weekly and daily charts.
In the next week ETH should create a major bottom on weekly and daily charts.
Commentaire:
Target hit!
A retest of the breakdown at 0.067 will be another great opportunity for a short.