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Ethereum
Long
Updated

Ethereum in a Symmetrical Triangle. Expect Break Up in 12 Hours

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Ethereum in a Symmetrical Triangle. Expect Break Up in 12 Hours.

Historically symmetrical triangles break with the prevailing trend, which in this case is bullish.
Note
MACD headed down but not at the bottom so watch for it to range sideways until MACD cross then it should break up.
Note
Breakout achieved. Sideways accumulation now.

snapshot
Note
Big move up.

snapshot
tradepsych
1hour1hourchartBullish PatternsChart PatternsCryptocurrencycryptoscryptotradingEthereum (Cryptocurrency)Technical IndicatorsSymmetrical TriangleTrend Analysiswedgebreakout

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1hour1hourchartBullish PatternsChart PatternsCryptocurrencycryptoscryptotradingEthereum (Cryptocurrency)Technical IndicatorsSymmetrical TriangleTrend Analysiswedgebreakout
tradepsych

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.