ETH Hourly Ascending Triangle

COINBASE:ETHUSD   Ethereum / U.S. Dollar
This is the tightest sideways drawn out channel I can remember in ETH.
Money in ETH the last couple days is stagnant money and while we are not seeing much downside, it is wasted profit opportunity in other names to just let funds sit still.
We will watch for a bull break but ETH has been out of favor with the market for weeks aside from the short term bull spike with the BTC fork block reaction.
Devcon3 is next week and we may see a bit of "buy the rumor" help for the bulls as some hype builds into the event.
Worth keeping an eye on but more trading opportunity elsewhere at this point. $300 and $305 continues to be a key level that keeps coming into play.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out