ScotianBot

Ascending Triangle for Ethereum?

COINBASE:ETHUSD   Ethereum
ETH appears to be trading in a giant Ascending Triangle.

There's potential merit for an H&S forming.

In a few more trading days we'll see if there will be a re-test of the blue upward sloping support of the Ascending Triangle before a blue sky breakout of the bullish formation.

On the KST there's a bullish cross where I've placed the downward pointing finger.



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.