CountOnCrypto

ETH|USD may continue Bullish in this Ascending Triangle

Long
KRAKEN:ETHUSD   Ethereum / U.S. Dollar
Ethereum has been showing strength by strength, will the bullish momentum continue throughout this day as we form an ascending triangle . This pattern is a bullish pattern based on the higher lows we've been seeing.




Use risk management and trade safely, I am a strong believer in Ethereum and there is no reason for me to be bearish on a long term even if this doesn't play out bullish .

If bitcoin reaches 40k again I can expect this scenario to become more likely.
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Comments

how about now? it's almost recovering back to 1200
+1 Reply
@rs2311sr, yes it is looking hopeful
+1 Reply
rs2311sr rs2311sr
@CountOnCrypto where do you foresee Ethereum going 24 hours from now?
Reply
what about now
+1 Reply
@Nanex1, We broke down out of this formation.
Reply
no chance
+1 Reply
@leload3, SL triggered!
Reply
great
+1 Reply
CountOnCrypto importantCode12562
Reply
Good analysis
Reply
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