the chart that kept me bullish

Updated

That triangle is coming to an end, doesn't mean ETHUSD will go up, in fact ETHBTC has been going up more often after the rally than during.
But this chart has been the reason why i've stayed bullish on alts since feb'

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zoom in on wave E of 4, commonly also a triangle :

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If this breakout confirms, R5 and 1.6 targets
Otherwise, retest of the previous resistance

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just some idea.. whether it breaks back in or not

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if PA goes to the orange zone, i'll be wary to open/add to shorts there
the red line should hold and could/need to be tested as support
the blue line is also a decent support
the green zone would be an ideal buy are if price goes sideway out of the chanel

lady_luck

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