ETHUSD is forming a triangle on 4h chart. I have used the daily chart however to show how this pattern fits in the larger timeframe. It fits perfectly with the bigger trend lines and the horizontal support and resistance.
Short at $131 or lower. (wait for a confirmed 4h candle close bellow $131) Target: $115 Stop: $135 RR 1:4
So, you think ADA will grow and ETH will fall... interesting
I am bullish on ETH, tho
Anyway will see...
CryptoAddict77
⋅
@lj_4b, My analysis is purely based on Technical Analysis. I try to remove all bias and just show what the chart is saying. That doesn't mean both ADA and ETH trades will be successful. That said ADA trade is well above the entry now and most traders should have moved stop above break even.
I am bullish on ETH, tho
Anyway will see...