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ew-forecast
Sep 21, 2017 11:46 AM

Ethereum Forming A Triangle 

Ethereum / DollarBitfinex

Description

Ethereum recovering after three wave decline as we already mentioned in earlier updates and we are still tracking big triangle. We see a broken channel resistance, which is a signal for higher prices. But typicaly for triangles, we see limited upside and expect only three waves A-B-C up into wave D.


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Comments
MountainaireTrading
I saw that too! Some people were labling it a double top, but it's clearly a triangle
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