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.
*Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.