ETH/BTC - Good position - Long or short?
Currently Market is under Symmetrical Triangle, a possibility of the breakout is there. Waves indicated by the arrow in the chart.
Grey box represents a good rejection range and will take support nearby 0.037 BTC and if the pattern fails then blue box represents good support range. Final target already indicated in chart.
If the market will not directly break the pattern then may it test the level of 0.0355 which also golden ratio of 0.32 fib.
Recommendation for leverage Trader: If there is a decent profit of 5-20% then book that profit. Don't hodl for longer duration.
Grey box represents a good rejection range and will take support nearby 0.037 BTC and if the pattern fails then blue box represents good support range. Final target already indicated in chart.
If the market will not directly break the pattern then may it test the level of 0.0355 which also golden ratio of 0.32 fib.
Recommendation for leverage Trader: If there is a decent profit of 5-20% then book that profit. Don't hodl for longer duration.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.