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Ethusdtlong

ETH/USDT Broke Out of the Smaller TriangleThe decisive breakout of this yellow mini triangle and medium green triangle should take us outside the boundaries of the larger 2 week orange triangle to the upside. First target from the yellow mini triangle is already hit, but the medium and larger ones will take us way up. Here's what I think will happen: Yellow Mini Triangle Target: $2,806 - HIT Which broke us out of the Green Medium Triangle Green Medium Triangle Target: $3,067 - PENDING Which would break us out of the Orange Macro Triangle Orange Macro Triangle Target: $4,088 - PENDING Let's see how this all plays out. Happy trading!
Long
by DigiLex_LLC
Alternate ETH/USDT Triangle IdeaHi Guys, I just wiped my chart clean and re-plotted ETH/USDT and noticed that there's another way that the triangle could potentially be drawn where we did not break out of it yet. Since I always strive to provide accurate technical analysis with no bias, I wanted to show you the second possible scenario that I have found even if it's not quite as bullish as the first. The target for this triangle would be around $4,100 if it were to break out to the upside. Happy Trading! Pat
Long
by DigiLex_LLC