Crypto_Analytics

ETHBTC in a descending triangle

Short
BINANCE:ETHBTC   Ethereum / Bitcoin
ETHBTC is consolidating in a descending triangle, which is a bearish pattern.

I expect a drop in the next couple of days. By a breakdown out of the triangle the target is the zone between the 50% Fibonacci and the 200D EMA.

This would be a drop of around 8 - 12%.

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