RedArtic

Another Ascending Triangle for ETH

RedArtic Updated   
KRAKEN:ETHUSD   Ethereum
Let's get a it.

Big resistance in red right above us at 280

Support around 220-210. This is also where the median of the pitchfork is located and the 200ma

Read the chart for my idea, seems pretty obvious to me.

Tic toc tic toc...

This is no financial advice!

Comment:
Well, that was a bit faster then planned, but target is in sight. Might bounce around 235, before more down to the median.
Comment:
We are currently sitting at the bottom of the upper channel of my pitchfork. This has been acting as good support over the last few days. If it holds the ascending triangle is still in the books, but might be smaller.

If not then the initial analysis will still be valid, but for now it might be smaller then anticipated.
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