atovar10

ETH/USD Rectangle Pattern

atovar10 Updated   
BITFINEX:ETHUSD   Ethereum
Although ETH has been trading in an ascending triangle on the higher TF. Here we can see a rectangle consolidation that tried to break about a month ago but it got smacked down. If we can break this level up we can easily see a 1st target of 350 then retest of all time high.
Comment:
All targets hit!! retest of all time high was broken, now waiting for a pullback to resistance now turned support to buy back in.

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.