ETHBTC descending triangle long term trade

There is a huge descending triangle on the ETHBTC daily chart.

Entry: Short on a break bellow 0.067
Target: 0.045 (measured target from the triangle)
Stop: 0.078

Good luck!

ความคิดเห็น:

Feel free to move the stop to 0.07
A retest of the breakdown at 0.067 will be another great opportunity for a short.

ความคิดเห็น:

Move stop to break even (0.067)

ความคิดเห็น:

Consider covering your short anywhere from here (0.048) to 0.045.
In the next week ETH should create a major bottom on weekly and daily charts.

ความคิดเห็น:

Target hit!