Classic Double Top for Ethereum ETH

Ethereum / DollarBitfinex

Description

⋅ Feb 22, 2019 1:07 PM

It will respect the pattern?
We have both tops and the neckline, if it goes below purple line, it will be a free fall, or maybe Ethereum doesn't care about any pattern...

Trade closed: target reached

⋅ Feb 27, 2019 9:52 PM

Touched both

Comments

TheMailMan

⋅ Feb 22, 2019 1:26 PM

how is this not a triple top or even a h&s

edward_Z

⋅ Feb 22, 2019 1:29 PM

@TheMailMan, Elliot Waves too, lol

CryptoHedging

⋅ Feb 22, 2019 1:16 PM

chart patterns should be used with indicators because it gives extra verification.
standalone they aren't much of use: 50/50 most of the time.

edward_Z

⋅ Feb 22, 2019 1:21 PM

@N19911, Sure, there is always welcome an RSI, MACD, Stoch RSI, AO..., but I wanted to leave it cleaner this time