thomasstrootman212

Ethereum Ascending triangle

Long
BINANCE:ETHUSDT   Ethereum / TetherUS
There is a Ascending triangle forming now in the Eth chart. It is a pretty good ascending triangle with 3 swing high points and 3 swing low points. Based upon this pattern, it should be breaking out to the upside. But this also depends what bitcoin does in the following days, because as you know eth price action follows most of the time btc price action in some form. Keep an eye on bitcoin as well if you want to trade this pattern.
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