ETH forming Ascending Right Triangle with target of $406

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
New ATH on the table for Ethereum (ETH) as the price is forming a prominent ascending right triangle with a minimum target of $406.

After a 5 waves impulse from $197 to $300, ETH corrected with a complex ABCDE triangle which is expected to complete a higher degree Wave II at also $300 approximately.
Actually a break of the support trendline above $285 could actually mean a bullish wick, and the price could explode stronger.

Let's see how it turn out to be.


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