ETH has been forming an ascending (top flat) triangle (since mid-october) from a previous breakdown, suggesting we are having ourselves a bearish triangle.
Seeing a possible E-wave up to 205 range, before breaking down. Still have to be cautious of unexpected spikes above EMA-line, that could possibly change the course of pattern.
This is not financial advice, just a fellow trader offering his thoughts.
Seeing a possible E-wave up to 205 range, before breaking down. Still have to be cautious of unexpected spikes above EMA-line, that could possibly change the course of pattern.
This is not financial advice, just a fellow trader offering his thoughts.
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