🔥 Ethereum MASSIVE Bullish Triangle Nearly Broke Out 🚨
As seen on the chart, ETH has been trading inside a bullish triangle pattern for over 1.5 years.
In my eyes, a break out from this pattern might result in big gains for ETH, since it will burst through an area full of short-trade stop-losses which will be forced to buy back their positions.
Consequentially, a break out will trigger a long-term trade that I've been looking at for some time. With a stop below the recent swing low and a target around the current ATH, we can construct a very decent long-term trade for this big token.
In my eyes, a break out from this pattern might result in big gains for ETH, since it will burst through an area full of short-trade stop-losses which will be forced to buy back their positions.
Consequentially, a break out will trigger a long-term trade that I've been looking at for some time. With a stop below the recent swing low and a target around the current ATH, we can construct a very decent long-term trade for this big token.
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