timur369

Bearish Continuation of ETHUSD

Short
timur369 Updated   
BITSTAMP:ETHUSD   Ethereum
Symmetrical Triangle is a trend continuation pattern. Trend is bearish. I would expect a wipeout of longs from summer 2021 bottom of 1.7k area before continuing a new bull trend. I always look for double bottom, triple bottom or Inverse H&S with decreasing slope for any reversal signs. I don't see any reversal signs on ETHUSD.
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Trade closed: stop reached
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