Ethereum
Long
Updated

Big ascending triangle formation

272
Ethereum is forming a beautiful pattern.
Candle closing above U$1.500 is the safest point to entry.
U$1.400 is a good price to stop loss.
The ascending triangle target is U$1.800, but we can see much higher prices due to the moment of euphoria on the crypto market.
Note
If ETH break down the ascending triangle, will have a good support at U$1.200.
Note
The ascending triangling is working very well.
Keep an eye on the breakout!
Note
The ascending triangle formation is broked.
I didn't the entry (U$1.500).
The Parallel Channel stil valid.
Parallel channel entry: U$1.200
Target: top of parallel channel
Stop loss: U$1.100

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