ETH forming Ascending Right Triangle with target of $406
New ATH on the table for Ethereum (ETH) as the price is forming a prominent ascending right triangle with a minimum target of $406.
After a 5 waves impulse from $197 to $300, ETH corrected with a complex ABCDE triangle which is expected to complete a higher degree Wave II at also $300 approximately. Actually a break of the support trendline above $285 could actually mean a bullish wick, and the price could explode stronger.
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.