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!
Note
Feel free to move the stop to 0.07A retest of the breakdown at 0.067 will be another great opportunity for a short.
Note
Move stop to break even (0.067)Note
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.
Note
Target hit!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.