PavelBodo

Ethereum Usd - price goes within the ascending triangle

Long
PavelBodo Updated   
BINANCE:ETHUSDT   Ethereum / TetherUS
Hello

We have formed a large ascending triangle (black)

And also locally (pink), which can first lead the price to the upper border and a strong resistance zone.

If the price passes and consolidates above, we can expect a continuation of the upward movement.
If this does not happen, a fallback to the lower support line.
Comment:

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.