kyer

ETHUSD Broke out of Ascending Triangle

Long
KRAKEN:ETHUSD   Ethereum
ETH recently broke out of its ascending triangle and 1st touched $1435 before pulling back to $1284.99 and then had a daily close over $1373. From here i’m expecting a little pullback as makers continue to shakeout longs and retest this trend underneath $1373 until it breaks out to:

TP1 🎯 $$1435
TP2 🎯 $1594.89

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.