ETHUSD Breakout!!!!
After long consolidation inside a symmetrical triangle, price breakout upward with potential to test fibo level at 1932.
ETH long term movement still within ascending triangle and will proceed to test the channel resistance again.
ETH long term movement still within ascending triangle and will proceed to test the channel resistance again.
Trade active
Price reached fibo level at 1932 and got rejected. Slight pullback before re-test fibo line and ascending channel resistance.Trade closed: target reached
Breakout upward through channel resistance.
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Disclaimer
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.