justsomeguy

ETH: Ascending Triangle

Long
justsomeguy Updated   
COINBASE:ETHUSD   Ethereum
Ascending triangle due to break in the next 19 hours. Watch for a price move.

Watch for what happens at $316.60. If that resistance turns into support there's a good chance we'll break upward.

If we break under $308.75, our longer term support, then things could get more hairy.
Comment:
Above 316.60 now and closing into the 8 hours. Bullish price action on the 30min, 1 hour, and 4 hour charts.

Seems like we might test $335-338 again
Comment:
And...pendant broken!
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