🔥 ETH Reversal From Triangle Resistance

٣ يونيو ٢٠٢١

ETH was on the verge of breaking out of the bullish triangle earlier today. Sadly, Bitcoin is moving back into the pennant I've analysed earlier today:

This presents us with a potential short and later on long opportunity within this triangle. A daring soul could try to short ETH on the way down, whereas a more risk averse trader could try to catch the potential fall back to the bullish triangle's support.

Happy trading!

٤ يونيو ٢٠٢١

ملاحظة

BTC seems to be bearish in the near term. Wait for trend reversal before entering the trade since ETH could possibly fall through the support.