ETH Bulls about to prove themselfs?

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
- Wedge is clearly narrowing.
- We are possibly close to breaking out from this bearish channel and start a new bullish impulse wave up.

It could be a ascending triangle forming here, I've measured out the potential target, hopefully we will see another re test of the recent high (orange line) soon.

However, a drop below the ascending trendline will crush the bullish hope and we can nose dive to the middle of the channel.

I'm long right now but it's a big risk.

Sep 26
Comment: 4h bearish outlook looks bad so lets hope we don't go here
Sep 26
Comment: Whoops. Above chart chart was in EUR :)
Sep 28
Comment: Proper ascending trangle on the 15 min chart about to break upward.
btc overview you need to know
+1 Reply
ethhunter vickydaswani
+1 Reply
vickydaswani ethhunter
@ethhunter, very nice chart, I also had one long term btc chart month ago but tv banned it bcoz I mentioned my twitter username.
+1 Reply
ethhunter vickydaswani
@vickydaswani, Thats a shame
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