Ethereum traded Next to 1600$ - Symmetry in Triangle patterns
Comments on the chart - RM including the probability of a fake break out.
Comment:
Reentered @$1,722 monitoring the initial target of $1605. Exit @1605.
It is estimated that after hitting $1600 a reversal could incur to approx $1700.
It is estimated that after hitting $1600 a reversal could incur to approx $1700.
Investors wouldn't want to get caught out by a surprise, so trading before the release is light (personally, have exited the position @1768$ might re-enter depending on the moves); Whereas the position is kept - calculated risk management higly recommended - high volatility expected this Friday.