ETH: Ascending Triangle
Ascending triangle due to break in the next 19 hours. Watch for a price move.
Watch for what happens at $316.60. If that resistance turns into support there's a good chance we'll break upward.
If we break under $308.75, our longer term support, then things could get more hairy.
Watch for what happens at $316.60. If that resistance turns into support there's a good chance we'll break upward.
If we break under $308.75, our longer term support, then things could get more hairy.
Note
Above 316.60 now and closing into the 8 hours. Bullish price action on the 30min, 1 hour, and 4 hour charts. Seems like we might test $335-338 again
Note
And...pendant broken!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.