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TauLeptonTrader
Mar 28, 2020 3:30 PM

BEARISH ASCENDING TRIANGLE ETHUSDT 15M Short

Ethereum / TetherUSBinance

Description

ETHUSDT broke out of the 4H ascending triangle dropping ~6% on the break of the bottom supporting trendline . ETHUSDT now seems to be forming exactly the same ascending triangle pattern on the 15m. I suspect we are in a short term consolidation period before we see more downside movement on the break of the lower trendline.
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