Just like a lot of cryptos, ETH has been trading in a consolidating pattern for almost two weeks now. During this consolidation, ETH has started to form a bullish triangle pattern.
As we speak, ETH is reversing from the support of the triangle, potentially starting a new short term bullish move upward.
I'm not sure wether we will get a bullish break out of the pattern in the end. BTC is too unpredictable for a guaranteed push towards $3200 and beyond.
Happy trading!
As we speak, ETH is reversing from the support of the triangle, potentially starting a new short term bullish move upward.
I'm not sure wether we will get a bullish break out of the pattern in the end. BTC is too unpredictable for a guaranteed push towards $3200 and beyond.
Happy trading!
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