ETH forming ascending triangle on lower time frames.
As part of a larger structure being formed (multi week/year cup and handle), ETH is now also forming an ascending triangle (bullish continuation pattern) on the 4h / 6h chart.
This may present a small breakout, whilst the handle formation is yet to complete (I expect some more consolidation before a larger move up).
ETH could trade below 1000$ again before shooting for previous ATH of ~$1,400
Also just broke above 20 MA on 1h, 4h, 6h .. as well as daily, weekly chart for further long bias confluence.
This may present a small breakout, whilst the handle formation is yet to complete (I expect some more consolidation before a larger move up).
ETH could trade below 1000$ again before shooting for previous ATH of ~$1,400
Also just broke above 20 MA on 1h, 4h, 6h .. as well as daily, weekly chart for further long bias confluence.
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*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
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*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
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