mattsterrr

ETHUSD About To Break The Ascending Triangle And Reach 950?

Long
mattsterrr Updated   
COINBASE:ETHUSD   Ethereum
ETHUSD ETHUSD has been forming an ascending triangle, and following today's run, it could be about to break the upside, giving the possibility of reaching $950 in the near term. Buy now or wait for confirmation.
Comment:
Keeps testing that top line of resistance. The more often it hits it, the more likely it will break through, but still waiting.
Trade active:
Broke the upper line, trade active at 880, although the more cautious may want to wait for a retest of what is now (hopefully) the support line.
Comment:
More a fake out than a break out, then followed the downward support line before meeting the upward support - a brief battle ensued, there weren't too many casualties, and hopefully going to hold that upward trend and meander gently upwards to the same $950 target.
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