ETH USDT Perp Descending triangle
Donwntrend continues for Ethereum.
If the triangle holds on the top side, a short position should be opened.
Entry 1555
SL: 1603
TP1: 1440
If the triangle breaks on the bottom side, significant downside movement is expected.
TP2 : 1300 (longer-term)
If the triangle holds on the top side, a short position should be opened.
Entry 1555
SL: 1603
TP1: 1440
If the triangle breaks on the bottom side, significant downside movement is expected.
TP2 : 1300 (longer-term)
Trade active
Trade closed: target reached
GG
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.