tienminhnguyen

Ethereum is going in an expanding triangle pattern

Long
KRAKEN:ETHUSD   Ethereum
#ETH is going in an expanding triangle pattern, it is very likely that #ETH will drop to the $1180 price area and sideway in this area for about 1 month before rising again to complete the extended triangle pattern.
About daily candlestick analysis: today's close has formed a Bullish Engulfing pattern, which is an optimistic signal to help ETH recover

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