ETH has formed a clear ascending triangle pattern with a possibility of imminently breaking out to the upside. If rejected, we could see a breakdown to the ~2,300 support and subsequent rebound.
My bias is still bullish. We'll let the market tell us what happens and respond accordingly. Worst case scenario is more boring consolidation.
Stay patient.
Happy trading,
Melonfarmer
My bias is still bullish. We'll let the market tell us what happens and respond accordingly. Worst case scenario is more boring consolidation.
Stay patient.
Happy trading,
Melonfarmer
Trade active
Alright, we're going path #2 lol
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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.