Short
Bearish Symmetric Triangle Inbound!!
Looking at Ethereum you can see a very noticeable bearish symmetric triangle, some people may get this mixed up with a pennant but the difference between the two is that with a bearish triangle, the price starts from the high point, whereas a pennant starts from the low point.
And also looking at the MACD a crossover seems very possible to the bearish side, and the RSI looks to form a head and shoulders pattern which is also a bearish signal.
Thanks, if you liked my idea dont forget to like it and follow me for more ideas!
And also looking at the MACD a crossover seems very possible to the bearish side, and the RSI looks to form a head and shoulders pattern which is also a bearish signal.
Thanks, if you liked my idea dont forget to like it and follow me for more ideas!
Note
i dont even understand
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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.