ETH/USDT Descending triangle?
Updated
Greetings!
chart is speaking it self!!
as you can see in the chart . Ethereum is in a descending triangle and this can lower the price
As you can see, we have a divergence shown in the chart that shows the price falling
And as you can see, there is a hidden divergence that has pushed up price today
Line 390 is an important line that if the price can break this line, the price will grow well.
If the downtrend line does not break, the price will go down.
Remember that Trend is our friend and we have to hold his hand and go with it.
if you liked this idea or have your opinion on it, write in the comments,We will be glad.
Have a nice day.
chart is speaking it self!!
as you can see in the chart . Ethereum is in a descending triangle and this can lower the price
As you can see, we have a divergence shown in the chart that shows the price falling
And as you can see, there is a hidden divergence that has pushed up price today
Line 390 is an important line that if the price can break this line, the price will grow well.
If the downtrend line does not break, the price will go down.
Remember that Trend is our friend and we have to hold his hand and go with it.
if you liked this idea or have your opinion on it, write in the comments,We will be glad.
Have a nice day.
Comment
My previous Analysis
Trade closed: target reached
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