#ETH Ascending Triangle

31 ago

📊#ETH Ascending Triangle📈

😱When you wake up, the price is still the same, but your position is gone. If you look closely, you will see that it has been liquidated. So we must realize the importance of risk management. Unfortunately, yesterday’s short order was not triggered because the difference was 14 points🤷‍♂️

🧠The current market is still in a shock stage, moving back and forth between the resistance zone and the buying zone. We are now in the red selling zone and relatively close to the resistance zone above, so chasing the rise is unreasonable. From a pattern perspective, we have the opportunity to form an ascending triangle here, and if we continue to break upward, we can try to place some short orders after reaching the resistance zone.

Let’s see 👀

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