sucmabolsac

ETH - one more touch around $140 before explosion?

Short
KRAKEN:ETHUSD   Ethereum
It’s a great time to be in crypto! ETHUSD is looking great as it works it’s way in this triangle formation. I took a short position when I saw it bounce off the upper trend line of the triangle, and I believe it will make one final touch around $238 - $240 regions, before it takes off towards higher highs. I could be wrong, and it may not reach down that low. So, I’ll keep an eye on it, and close my position if I see a change. Stop is at $254.77.

Good luck!

This is NOT financial advice - it's merely my opinion. Do your own research.

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Happy Trading!
RP
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