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Ascending Triangle or Bearish Pennant for Ethereum....
Ethereum
Ascending Triangle or Bearish Pennant for Ethereum....
By satoshi123
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Dec 18, 2023
1
Dec 18, 2023
It appears as though Ethereum has broken the horizontal resistance of an Ascending Triangle or Bearish Pennant....
ideally we want to see the old resistance turn into new support, I do not expect that to happen.
A re-test of the upward sloping support of the pattern is like to occur.
Ascending Triangle
Bearish Pennant
Chart Patterns
Cryptocurrency
ETH
Ethereum (Cryptocurrency)
ETHUSD
Technical Indicators
Trend Analysis
satoshi123
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