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Ethereum
Short

ETH tightening up nicely on the 1 hour in an ascending triangle

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ETH tightening up nicely on the 1 hour in an ascending triangle, bounced off 740 several times, RSI / MACD contracting also. Prevailing wisdom in this situation is a breakout above, however, I believe I will short. My advice to anyone reading this is to do the opposite haha
DedMun
Chart Patterns

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Chart Patterns
DedMun

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.