After upside move on ETH daily chart, triangle formed and then was broken from downside.
Tight bear channel formed which is strongest type of channel, and usually first reversal of these channels is minor and trend resumes.
We had a upside breakout now on ETH tight channel, which has 60% to 70% chance of trend resumption.
Possible Bears Target is marked up.
What do you think about this chart? Feel Free and Comment Below!
Tight bear channel formed which is strongest type of channel, and usually first reversal of these channels is minor and trend resumes.
We had a upside breakout now on ETH tight channel, which has 60% to 70% chance of trend resumption.
Possible Bears Target is marked up.
What do you think about this chart? Feel Free and Comment Below!