We have a triangle formation on ETH which was confirmed by the EMA ribbons. We bought the support and were able to secure a $75 move on leverage.
As you can see we are in an ascending channel looking to test the upper resistance. If we can confirm the upside we can see ETH around $1500 for a new ATH.
If we are rejected we can see ETH test the ascending channel support. Upcoming trade coming very soon - wait for confirmation and attack.
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.