Tolberti

Ethereum ETHBTC - Descending triangle

BINANCE:ETHBTC   Ethereum / Bitcoin
- On the daily chart we can spot an descending triangle, which is usually a bearish sign with higher probability.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- It is really difficult to long this triangle, because the price is printing lower highs.
- Due to fibonacci retracement, we have a support near 0.043.
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