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_Avalanche_
Nov 22, 2017 9:53 PM

ETH breakout or fakeout 

Ethereum / DollarBitfinex

Description

Breakout from triangle.
1st target 390-400

Or just a fakeout...

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Daily chart

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Touching the resistance of main triangle.

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1st target spot on.

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Target hit with 2 shooting stars...

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Target
Comments
rmsutton
Take a look at the hourly. There is a bigger ascending triangle starting from the previous high of $374. A move past $374 will signal the breakout. Failure to break this high will result in a retrace to the $350 level.
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