ETH is on a critical juncture. We can see a test of ascending trend line at 4380, If it holds the chances of breakout could jump significantly.
There are two factor that are in play right now. The ascending triangle which is considered a bullish pattern and a hidden bullish divergence on RSI. These two factors make a scenario bullish but we need to see the test of green trendline first to confirm the scenario. Lets see how it plays out.
There are two factor that are in play right now. The ascending triangle which is considered a bullish pattern and a hidden bullish divergence on RSI. These two factors make a scenario bullish but we need to see the test of green trendline first to confirm the scenario. Lets see how it plays out.
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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.