Hello Dear Traders,
ETH is currently forming a symmetrical triangle pattern and looks juicy for breakout.
Watch for the breakout at either side of the triangle and accordingly plan your trades.
Also few points to keep in mind :
1. Be careful of weekend volatility.
2. DXY (U.S Dollar Currency Index) closed bullish (lower time frame) this weekend. As, USD is inversely proportional to ETH's price so be a bit careful.
3. Remember, Top is formed when buyers gets exhausted not when selling starts. We are still bullish in Higher time frame.
ETH is currently forming a symmetrical triangle pattern and looks juicy for breakout.
Watch for the breakout at either side of the triangle and accordingly plan your trades.
Also few points to keep in mind :
1. Be careful of weekend volatility.
2. DXY (U.S Dollar Currency Index) closed bullish (lower time frame) this weekend. As, USD is inversely proportional to ETH's price so be a bit careful.
3. Remember, Top is formed when buyers gets exhausted not when selling starts. We are still bullish in Higher time frame.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.