ETHUSDT Watch out of the triangle breakout

Long

Ethereum / Tether USD (POLONIEX:ETHUSDT)

Updated

POLONIEX:ETHUSDT Ethereum / Tether USD

Support and Resistance Triangle Ethereum (Cryptocurrency) ETHUSDT

supportandresistance triangle ethereum ethusdt

ETHUSDT
Triangles are generally continuation patterns.With a bullish breakout, it should move to resistance area near $320.

Comment:

We see the breakdown on the bottom side so above scenario is no more valid. Stay tune for further analysis.

Trade closed: target reached

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