jia888
Long

ETHUSD Double Bottom, Symmetrical Triangle Breakout Imminent!?

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
1. ETHUSD reached all time high near $1400 in January 14th then continue to correct for 2 months now reaching 78% Fibonacci retracement support from its high!

2. ETHUSD double bottomed reaching major support at current level

3. Trade volume diminishing

4. Formed symmetrical triangle for over 2 months

5. Break out imminent!? Direction of the breakout most likely be "up" to continue the overall uptrend!

Happy trading!
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