JureKrasovic

ETH ascending triangle

Long
BITSTAMP:ETHUSD   Ethereum
The price made an ascending triangle formation as the top resistance is horizontal and there is rising support, making higher lows.
Looking for a breakout in the bullish direction, indicating the strength of the bulls. That would also be a signal for a further bullish move.
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.