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pipwarrior

ETH, Ascending Triangle. Possibly $1000 by this weekend(12/02)?

Long
Ethereum (BITFINEX:ETHUSD)  
pipwarrior  
BITFINEX:ETHUSD   Ethereum
Chart Patterns ETH Ethereum (Cryptocurrency) ETHUSD Bitcoin (Cryptocurrency)
4
1
chartpattern eth ethereum ethusd bitcoin
Ethereum has formed an ascending triangle. It has already broken out of the horizontal resistance, which may have already turned into support (tested once).
However, do note that we are still in a downtrend.

Based on classic ascending triangle pattern, target price by this weekend: $1000
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