Ethereum / Tether
Long

ETH/USDT Broke Out of the Smaller Triangle

109
The decisive breakout of this yellow mini triangle and medium green triangle should take us outside the boundaries of the larger 2 week orange triangle to the upside. First target from the yellow mini triangle is already hit, but the medium and larger ones will take us way up. Here's what I think will happen:

Yellow Mini Triangle Target: $2,806 - HIT

Which broke us out of the Green Medium Triangle
Green Medium Triangle Target: $3,067 - PENDING

Which would break us out of the Orange Macro Triangle
Orange Macro Triangle Target: $4,088 - PENDING

Let's see how this all plays out. Happy trading!


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