till the price hits the triangle's lower band, just keep watching for now............
Hello, traders. I'm gonna talk with you guys about ethereum short strategy. Partitial take profit @ 2925 -POC -Falling wedge upper trendline -fib 38.2% Partitial take profit @ 2845 -POC -Falling wedge upper trendline -fib 38.2% Partitial take profit @ 2770 -Neck line range -Prior order block -Trend-based fib extension 2.0
Falling Wedge Pattern (refer to candlesticks pattern for 21/4Q) The Bearish Gartely Pattern The Bullish AB=CD Pattern (The Alternate 1.27AB=CD pattern if the trend reverses @ 21178.31.)
TP 1. = Upper trend line of the purple symmetrical triangle TP 2. = Upper trend line of the red parallelchannel
The Alternate AB=CD Pattern AB leg : lower price 61.74 - 85.41c CD leg: 62.43 - 91.83 = 1.27AB The Bearish Crab Pattern( W-type formation , XABCD ) X: 79.23 the starting point of The Crab Pattern A: 62.43 B: The mid-point B @ 73.35, 0.618 retracement of XA leg. C: 0.618 retracement of AB leg D: 3.618 BC projection @ 92.49