Is Ethereum is about to breakout of an Ascending Triangle?!?
ETH is potentially on the verge of breaking out of an Ascending Triangle, BTC has recently broken flush to the upside of a similar pattern linked to this chart.
On the RSI there's a series of higher lows coinciding with the upward sloping support of an Ascending Triangle similar to the price action.
On the KST there's been a bullish cross where I have placed the blue downward-sloping finger.
If there is any retracement look for support at the red line first, if that doesn't hold the upward sloping line of the pattern should act as support again.
On the RSI there's a series of higher lows coinciding with the upward sloping support of an Ascending Triangle similar to the price action.
On the KST there's been a bullish cross where I have placed the blue downward-sloping finger.
If there is any retracement look for support at the red line first, if that doesn't hold the upward sloping line of the pattern should act as support again.
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