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