Long

ETH keeps on ascending into this triangle

Updated

Folks, you can see the triangle and higher lows I was identifying as early as the last 2 months are holding up really nicely. We continue to create higher lows and continue to form up this ascending triangle. We have knocked on this 160 area once before and we are already doing so again. From this point on, expect it either to blow through this area with a major move to the upside, or for a small pull back, some consolidation and then the major move to just above 200. Not only is the chart pattern looking nice, its also complemented by a strong RSI and MACD is positive territory, this is all showing up on the daily chart. We are moving up, and will continue to do so. Get ready, we could be in for some really nice gains for 2019.

-Sherem

Note

February analysis identifying his formation as an FYI -

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*this formation

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We're breaking the highs, minor resistance at this 175 area, but ultimately we should move to the 210 area now.

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We keep knocking on these high's, we're going to pop up here really soon, especially because eth/btc has not made it's move yet

Note

update :

ETH keeps on ascending into this triangle

Sherem

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