ETHUSD About To Break The Ascending Triangle And Reach 950?

ETHUSD ETHUSD has been forming an ascending triangle, and following today's run, it could be about to break the upside, giving the possibility of reaching $950 in the near term. Buy now or wait for confirmation.

Kommentar:

Keeps testing that top line of resistance. The more often it hits it, the more likely it will break through, but still waiting.

Trade ist aktiv:

Broke the upper line, trade active at 880, although the more cautious may want to wait for a retest of what is now (hopefully) the support line.

Kommentar:

More a fake out than a break out, then followed the downward support line before meeting the upward support - a brief battle ensued, there weren't too many casualties, and hopefully going to hold that upward trend and meander gently upwards to the same $950 target.