JoseManiii

ETH's Ascending Triangle

Long
COINBASE:ETHUSD   Ethereum
ETH is starting to show us what seems to be an ascending triangle in the 4H chart. With the resistance zone being the space between the red boxes and support being the green one. See how price is rejected when it approaches the diagonal support line. This show us strength of this diagonal support. Breakout would possibly lead ETH to ~$120.

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