ETH trading in a descending triangle. Breakdown possible!!
ETH is trading inside the 1hr green ichimoku and is approaching the top of this cloud quite fast. The top of this cloud lines up perfectly with top of this trend line. We believe that ETH will get rejected at this trend line and trade lower once again which will put it in a descending triangle. We will keep monitoring ETH.
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Disclaimer: The content covered in this channel is NOT to be considered as investment or trading advice.
I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.
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Disclaimer: The content covered in this channel is NOT to be considered as investment or trading advice.
I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.