BEARISH ASCENDING TRIANGLE ETHUSDT 15M

28 במרץ 2020

ETHUSDT broke out of the 4H ascending triangle dropping ~6% on the break of the bottom supporting trendline . ETHUSDT now seems to be forming exactly the same ascending triangle pattern on the 15m. I suspect we are in a short term consolidation period before we see more downside movement on the break of the lower trendline.