Inverted chart can tell you a lot. ETH looks really bullish. On this chart, it looks bearish with huge descending triangle -> bullish when you revert the chart to the normal position.
Note
Place for long, tight stop should be kept in mind.Note
We had a fake out but the triangle still holds. If we close within it, 311 could be our next target soonNote
Eth respecting my trendline like a GOOOD dog. Now let's pray that we will "break down" on this chart :) in the near future.Note
Simple trade :)
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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.