CobraVanguard

ETH/USD in Descending Triangle !!

COINBASE:ETHUSD   Ethereum
Greetings!
Ethereum / U.S. Dollar

as you can see in the ETH/USD chart we can see a descending triangle pattern.
RSI is showing us that the price is in the middle of it's downward trend as well so these signals suggest that the price will be falling again!
if the descending triangle is broken the price drops!

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Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast

Thank you for seeing idea .
Have a nice day and Good luck.
Trade closed: target reached
Comment:
ETH/USD On the way to $ 700

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