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Acel
Apr 29, 2020 7:26 PM

ETHEUR - A dangerous pattern forming? Short

Ether / EuroCoinbase

Description

A potential bearish triangle forming on ETHEUR after a completed leading diagonal on Aug 29th 2019.

Comment

Its possible the triangle is completed here - similar to Nov19 price action.

Comment

Triangle C wave can be more complex, so worth paying attention on this channel break.

Comment

Move up on ether can still be corrective in the macro.

1:1 extension
perfect channel
and 0.618 PB on log

Comments
allkrystals
Thanks for analysis and nice to see you again here on TW.
Acel
@allkrystals, thank you for the kind words.
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