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kidze
May 21, 2018 10:51 AM

Perfect bearish butterfly on ETHBTC Short

Ethereum / BitcoinPoloniex

Description

Bearish divergence on the RSI.

Squeezing for so long, and lower time frames fired short.

Perfect bearish butterfly formation.

Failed to break up too many times and is starting to curve into an inverse cup.

First target at 0.382 and second target at 0.618 retrace from AD leg.

Stop loss just above D.

Stay safe, traders!
Comments
Ronnie_Dong
nice chart my friend!
please look my chart ,
i will show u the money !
if u can,follow me .
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