Perfect bearish butterfly on ETHBTC
Bearish divergence on the RSI.
Squeezing for so long, and lower time frames fired short.
Perfect bearish butterfly formation.
Failed to break up too many times and is starting to curve into an inverse cup.
First target at 0.382 and second target at 0.618 retrace from AD leg.
Stop loss just above D.
Stay safe, traders!
Squeezing for so long, and lower time frames fired short.
Perfect bearish butterfly formation.
Failed to break up too many times and is starting to curve into an inverse cup.
First target at 0.382 and second target at 0.618 retrace from AD leg.
Stop loss just above D.
Stay safe, traders!
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