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ETHUSDT: Flood gates about to open ($500 top target)

POLONIEX:ETHUSDT   Ethereum / Tether USD
We have a local triangle in an uptrend which is - as per classic Technical Analysis - a continuation pattern.
Since this triangle is supported by a steady RSI uptrend and oversold conditions on the Stoch RSI , I believe that ETH will be able to develop enough momentum and crush through the resistance at $251.

As soon as a breakout from that triangle is confirmed (which would also mean it broke said resistance) I will go for 2 long positions: $320 and $500).

In the case of an invalidated outbreak, I will be looking at trading the channel between $164 and $250.
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ETH until mid-August potential $ 600 As an option. It's my opinion.
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