Ethereum Second Chance Trade
Ether in the last 8 hours has consolidated well into a symmetric triangle.
As you can see in the chart, a pretty clear breakout and retrace slightly outside the triangle.
Your call on whether you should get in though. I'm giving you my 2 cents.
Good post. I saw that too. I found that cryptos tend to tear through diagonal trend lines. I usually look for horizontal support with like 3-4 bounces off of it haha. But this stuff is moving so fast lately, its hard to even find support.
Yea I found this consolidation is the most reliable one since a while ago. this thing was in need of establishing some support
and yea totally agree with you that horizontal supports cannot be ignored. even in your conventional currencies like usd jpy eur.. they are super important