Looks like an ascending triangle is forming on the 4HR. On lower time frames, there is also an inverse head and shoulders pattern forming. Where too? A break out or break down? Well, if the trend is our friend, then I think that we may have a break-out (fingers crossed) Of course, I bet we will get some chop to shake out leveraged longs first :-) Happy trading!
Trade active:
And we got the shakeout and ETH is back trending and ascending!
Trade active:
And... break out!