ETHBTC - Symmetrical triangle - watch for the break
Every ALTS are reacting to the KING of the crypto - BTC
I always wait for BTC to give bull signal and confirmation before entering in a trade in ALTS
+NEVER enter in a trade without an exit plan (stop loss)
+NEVER risk what you CAN'T lose.
-BULLISH CONDITION
I am waiting for the price to closed above the 'breakout zone' to confirmed further strenght.
Higher low will still remain and the bull trend would be intact.
-BEARISH CONDITION
If the price closed below the support zone , it is going to go further down.
Lower Low will change the trend.
In this scenario, I will reevaluate the market stage
Thank you,
CryptoKraven
I always wait for BTC to give bull signal and confirmation before entering in a trade in ALTS
+NEVER enter in a trade without an exit plan (stop loss)
+NEVER risk what you CAN'T lose.
-BULLISH CONDITION
I am waiting for the price to closed above the 'breakout zone' to confirmed further strenght.
Higher low will still remain and the bull trend would be intact.
-BEARISH CONDITION
If the price closed below the support zone , it is going to go further down.
Lower Low will change the trend.
In this scenario, I will reevaluate the market stage
Thank you,
CryptoKraven
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