CryptoAddict77

ETHBTC descending triangle long term trade

Short
CryptoAddict77 Updated   
COINBASE:ETHBTC   Ethereum / Bitcoin
There is a huge descending triangle on the ETHBTC daily chart.

Entry: Short on a break bellow 0.067
Target: 0.045 (measured target from the triangle)
Stop: 0.078

Good luck!
Comment:
Feel free to move the stop to 0.07
A retest of the breakdown at 0.067 will be another great opportunity for a short.
Comment:
Move stop to break even (0.067)
Comment:
Consider covering your short anywhere from here (0.048) to 0.045.
In the next week ETH should create a major bottom on weekly and daily charts.
Comment:
Target hit!

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