Everyone who looks at the chart recognizes the triangle pattern. Most of the people are waiting for the break-up.
Entrance: close to the lower support on the break of the small resistance on the 1h chart within the triangle.
Stop loss: on the break lowest support line.
Price has broken the down trendline.
Established a 3rd top and additional resistance line forming a symmetrical triangle visible on a 4h timeframe.
Trading strategy: Going long above 15500 level. Take profit around 20k
Ethereum will soon be ready for a breakout up. I think the pattern is obvious and many traders recognize that.
perfect entrance will be a pattern on a smaller time frame inside the triangle or in case the price will drop to lower support line, buy there.
Fundamentals on eth remain strong. I think people are anticipating another run and the break will be in big...