ADA/ETH Symmetrical Triangle
ADA/ETH Pair is forming a Symmetrical Triangle on 4 hr time frame.
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Symmetrical triangles occur when a crypto-currency price is consolidating in a way that generates two converging trend lines with similar slopes.
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A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Symmetrical triangles occur when a crypto-currency price is consolidating in a way that generates two converging trend lines with similar slopes.
Please comment with your opinion and suggestions.Thank You
Trade closed: stop reached
It reached stop loss because ethereum pumped
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.