IdanKoren
Long

ETHUSD Triangle after major resistance breakout is bullish

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
If you've missed the boat on the latest breakout of the major descending resistance on $ETHUSD then don't worry, the triangle on the hourly that we're seeing looks very bullish yet again. Triangles tend to be consolidation for a move higher. We could get a fall below the triangle as a "fakeout" in what would seem more like a bullish flag channel but it'll likely yield more buyers a little below in the $460 range so the risk/reward is there to continue adding to your ETH position. Overall this type of price movement is confirming that we have seen a longer term bottom in ETHUSD            

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Just wanted to update and say that we are seeing further confirmation of this long position. As of now we are fully invested in crypto
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