ETH/BTC Symmetrical Triangle
Updated
Good Evening,
On the daily timeframe via ETHBTC, illustrated above, we can see that price action is found in a corrective symmetrical triangle. We are awaiting a close above or below this symmetrical triangle to determine price direction. Conservative bullish and bearish targets are embellished in the post above.
Below is the pattern to enter on.
Look for confirmation to enter, I also advise you to facilitate this trade in a lower time frame for a better entry. Please execute with your own due diligence. The financial markets are risky, I am not responsible for any capital loss.
Thanks,
Trade Wisely
On the daily timeframe via ETHBTC, illustrated above, we can see that price action is found in a corrective symmetrical triangle. We are awaiting a close above or below this symmetrical triangle to determine price direction. Conservative bullish and bearish targets are embellished in the post above.
Below is the pattern to enter on.
Look for confirmation to enter, I also advise you to facilitate this trade in a lower time frame for a better entry. Please execute with your own due diligence. The financial markets are risky, I am not responsible for any capital loss.
Thanks,
Trade Wisely
Note
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