Recently I looked trough the charts and I saw perfect ascending triangle developing on ETHUSD. This is important, commonly continuation pattern, but sometimes occurs in market "bottoms" and making reversal in trend. Usually bullish reversal happens with false break down below support line.
Now we can only guess what this triangle will be — bullish or bearish.
By the way, write in the comments what this triangle will be bullish or bearish?
For short-term I am expecting rebound from support trend-line at 110-120$ area with targets near 135-150$.
Now we can only guess what this triangle will be — bullish or bearish.
By the way, write in the comments what this triangle will be bullish or bearish?
For short-term I am expecting rebound from support trend-line at 110-120$ area with targets near 135-150$.
Bình luận:
Resistance here drawn on daily chart via closing prices
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