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PolarHusk
Dec 3, 2020 8:27 PM

ETH/USDT (3rd Resistance Test?) 

Ethereum / TetherUSBinance

Description

💎Technical Analysis Summary💎


BINANCE: ETHUSDT

-ETH is at the apex of this ascending triangle pattern
-Normally, this pattern usually breaks to the upside
-We can see the resistance area has been tested 3 times
-If there will be another 4th test, I think it will be broken upward
-But the safest approach is to wait for the breakout direction
-Either up or down, because once this pattern is broken
-You will know where the market is heading
-and your trade bias will increase its probability




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Comments
bestfarbit74
good chart, lets see. this is my view
conandufour
Candles are following your idea to the cent it seems
Sadovoy_Trade
My idea
Babenski
i agree ..thank you 👍
monicsss
You are so true and it's happening now
Sinigdha123
Amazing idea!
good luck
Stargazer_fx
thanks for sharing
Fisher_Fx
Key decision point thanks for sharing
P_S_trade
critical point... thanks!
dontdaytrade
The only problem is the wick up on 1st of December could made it a rising wedge, so bearish. I am waiting for a break too.
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