FranciscoJGV

Cryptocurrency Market: b) symmetrical triangle

COINBASE:ETHUSD   Ethereum / U.S. Dollar
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This graph shows the symmetry of the triangle, but it is confirmed by the coincidence of the two methods to measure the gain, using the value of the base and projecting it towards the trend movement. The other method is extending a line parallel to the lower side of triangle, which goes in the direction of the trend, the point of encounter with the width of the base resulting in the same price of rise. With a take profit of: 19,91%