ETP symmetrical triangle, death cross and bullish divergence rsi
ETP is currently in a parallel channel upwards, it's heading towards the edge of the symmetrical triangle and EMA is about to death cross (or bounces off the 200 ema and remain bullish).
If we leave the symmetrical triangle downwards, I assume further price action towards the downside.
Both is confirmed either by the death cross or breaking the symmetrical triangle bottom line.
If we break above the upper line of the triangle, we will bounce off the death cross and might see major price action towards the upside.
If we leave the symmetrical triangle downwards, I assume further price action towards the downside.
Both is confirmed either by the death cross or breaking the symmetrical triangle bottom line.
If we break above the upper line of the triangle, we will bounce off the death cross and might see major price action towards the upside.
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